#cryptocurrency Regulations: Important Or Needless?
#Cryptoregulations #crypto2023
The International Organization of Securities Commissions (IOSCO), a global finance organization comprising securities regulators, has recently proposed a set of international regulations for crypto assets and digital tokens.
IOSCO’s proposal aims to create greater consistency across the cryptocurrency landscape, ensuring that similar activities are subject to the same regulatory outcomes. By implementing these recommendations, regulators hope to prevent conflicts of interest and ensure that customer assets are adequately protected. The principle of “same activities, same risks, same regulatory outcomes” underpins IOSCO’s approach, emphasizing the need for uniform cryptocurrency regulations across jurisdictions.
What are ur thoughts?
