The International Organization of Securities Commissions (IOSCO) has issued a set of recommendations regarding regulatory policies for cryptoassets. These guidelines, created by experts within the organization, focus on six key areas: conflicts of interest resulting from vertical integration, market manipulation and fraud, insider trading, cross-border risks and regulatory cooperation, protection of client assets, and operational and technological risks. The Chairman of IOSCO, Jean-Paul Servais, stated that the consultation paper received unanimous support from the IOSCO Board, representing the result of an extensive period of risk analysis, information sharing, and capacity building.
The paper aims to establish a standardized framework for the crypto sector by providing uniform cross-border rules. IOSCO anticipates that the final version of the document will serve as the foundation for developing these rules.
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