The International Organization of Securities Commissions (IOSCO) has taken a significant step towards addressing market integrity and investor protection issues in the rapidly evolving crypto market. In a recent Consultation Report, IOSCO outlined its policy recommendations to help establish compliant markets for trading digital assets.
Crypto Braces For Regulatory Overhaul
The Crypto and Digital Assets Recommendations (CDA Recommendations) are based on IOSCO’s established approach to securities regulation, which prioritizes investor protection and market integrity. The recommendations are not binding, but they provide guidance on best practices for market regulation that could help increase investor confidence and attract more institutional investment into the crypto sector.
The recommendations cover six key areas consistent with IOSCO standards: conflicts of interest arising from the vertical…