The International Organization of Securities Commissions (IOSCO) confirmed it plans to launch a consultation for the regulation of crypto and digital assets in the current quarter (Q2), with a final report by the end of the year. Another working group focuses on DeFi regulation, with its consultation scheduled for Q3 of this year and a final report by year’s end. The timing was announced as part of IOSCO’s 2023/24 work plan.
The UK’s Financial Conduct Authority (FCA) is leading the crypto working group where market integrity and transparency are the first focus, as well as custody and safekeeping.
Turning to DeFi, the US Securities and Exchange Commission (SEC) is spearheading that group, which also targets market integrity. Additionally, it is also exploring investor protection and financial stability risks.
Article continues …
Want the full story? Pro subscribers get complete articles, exclusive industry analysis, and early access to legislative updates that keep you ahead of the competition. Join the professionals who are choosing deeper insights over surface level news.
