coingabbar.com
IOSCO, the International Organization of Securities Commissions, has unveiled regulatory recommendations for enhancing the oversight of cryptocurrencies. These recommendations, developed by IOSCO's Digital Finance Task Force, comprise 18 policy suggestions. IOSCO advises regulators to establish a cohesive regulatory framework encompassing both traditional financial markets and cryptocurrencies, thus minimizing the potential for regulatory arbitrage. The proposed recommendations aim to tackle concerns regarding global market integrity and investor protection. With participation from 35 securities and futures market regulators worldwide, including the US SEC and CFTC, IOSCO plays a crucial role in promoting regulatory standards and collaboration in the evolving landscape of digital finance.