The International Organization of Securities Commissions (IOSCO) has released policy recommendations for DeFi

2023-12-20 18:28:51
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ChainCatcher news, the International Organization of Securities Commissions (IOSCO) has released policy recommendations for DeFi to address issues of market integrity and investor protection in DeFi. Based on IOSCO's established securities regulatory approach, the policy recommendations for DeFi aim to support jurisdictions seeking to establish compliant markets in the most effective way. IOSCO also seeks to encourage consistency in the regulatory approach to crypto asset markets and securities markets across various IOSCO jurisdictions based on the principle of "same activities, same risks, same regulation/regulatory outcomes."

These recommendations also cover the necessity for enhanced cooperation among regulators to coordinate and address cross-border challenges in enforcement and regulation, and to tackle the regulatory arbitrage issues arising from the cross-border nature of global crypto asset activities conducted by DeFi participants.

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