Global Securities Regulator IOSCO Issues DeFi Policy Recommendations

The standards setter for securities markets regulation worldwide has provided guidance for handling decentralized finance (DeFi) as its members, which represent some 130 jurisdictions, consider ways to supervise the industry. The International Organization of Securities Commissions (IOSCO), whose members regulate over 95% of the world's securities markets, published its policy recommendations for decentralized finance (DeFi) on Tuesday, just a month after it published recommendations for regulating crypto markets. Regulators have struggled to tackle DeFi, which, in theory, lacks a central body that could be subject to supervision.

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