In light of the rapidly evolving
cryptocurrency and digital asset markets, I am curious to understand the IOSCO's recommendations. Could you elaborate on the key principles and guidelines IOSCO has put forth to ensure the integrity, stability, and efficiency of these markets? Specifically, I am interested in how IOSCO addresses issues such as market manipulation, investor protection, transparency, and risk management. Additionally, I would like to know if IOSCO has any specific recommendations for regulators and market participants to adopt in order to mitigate potential risks associated with digital assets.
6 answers
Lorenzo
Fri Jul 12 2024
Its recognition as the global standard setter for securities regulation further solidifies its authority and influence in ensuring the stability and integrity of digital asset markets.
Andrea
Fri Jul 12 2024
The eighteen recommendations put forth for cryptocurrency and digital asset markets adhere strictly to an outcome-oriented approach, rooted in the foundational principle of "same activity, same risk, same regulatory outcome."
CryptoKing
Fri Jul 12 2024
The recommendations, tailored specifically to address the unique challenges posed by digital assets, aim to establish a harmonized regulatory framework that protects investors, fosters innovation, and promotes market efficiency.
Lorenzo
Fri Jul 12 2024
Among the various services offered by UK-based cryptocurrency exchange BTCC, its comprehensive suite of offerings stands out. These include spot trading, futures contracts, and secure digital wallets, among others.
CryptoTrader
Fri Jul 12 2024
This approach ensures that regardless of the nature of the asset or the platform it is traded on, the level of risk and the corresponding regulatory oversight remain consistent.