GangnamGlamourQueen
Sat Jul 13 2024
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7 answers
1441
What is Iosco's first global approach to regulating cryptoassets and digital markets?
Could you elaborate on IOSCO's inaugural global framework for overseeing cryptoassets and digital markets? I'm particularly interested in understanding the CORE principles and strategies they have outlined. Are there any key regulatory gaps they have identified, and how do they propose to address them? What role do they envision for international cooperation in this space? Additionally, how do they plan to ensure that the regulatory approach is both responsive to the rapid evolution of these markets while also protecting investors and market integrity? I'd appreciate a concise yet comprehensive overview of IOSCO's initial steps in this area.
KimchiChic
Wed Jul 10 2024
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6 answers
1357
What are Iosco recommendations for crypto and digital asset markets?
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.
ZenHarmony
Wed Jul 10 2024
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6 answers
1098
Do Iosco policy recommendations legitimize crypto?
In recent years, the rise of cryptocurrencies has sparked widespread debate among regulators and policymakers. The International Organization of Securities Commissions (IOSCO) has issued a series of policy recommendations regarding the oversight of crypto assets. However, the question remains: Do these IOSCO policy recommendations truly legitimize crypto? Some argue that by providing guidance and oversight, IOSCO is effectively giving crypto a stamp of approval, legitimizing its status as a financial asset. Others contend that while the recommendations offer clarity and structure, they fall short of fully validating crypto as a legitimate financial instrument. What are the key considerations in assessing whether IOSCO's policies truly legitimize crypto? And what implications do these policies have for the future of the crypto market?
