IOSCO pushes global tradfi standards to clean crypto’s fraud, pump-and-dump schemes and insider trading

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The global body for regulators plans to develop a common set of recommendations that regulators across the globe can use when overseeing crypto.In a 23 May consultation, the International Organization of Securities Commissions — which acts as a global standard setter for securities — set out its view of the major problems plaguing the digital asset industry, with 18 recommendations around asset segregation and market surveillance to mitigate risks.It...

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