IOSCO Provides Policy Recommendations for Regulating Decentralized Finance (DeFi)
The International Organization of Securities Commissions (IOSCO), which represents over 130 jurisdictions and regulates more than 95% of the world's securities markets, has issued policy recommendations for regulating decentralized finance (DeFi). The guidance covers identifying responsible individuals, setting clear disclosure requirements, and enforcing laws. IOSCO has advised governments to regulate innovative financial applications in the same way as traditional finance, as many existing policies and regulatory frameworks are applicable to DeFi activities. The regulator has emphasized that operating as a decentralized autonomous organization (DAO) does not exempt individuals and entities from their regulatory responsibilities.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Farcaster founder teases Frames v2 ahead of full launch in 2025
Swan Bitcoin sues its lawyers for picking up Tether as client
UK cryptocurrency ownership rises to 12% as FCA prepares new regulations
How low can the Bitcoin price go?