global regulators consider launching a joint body to coordinate crypto rules

Regulators from around the world are considering forming a joint body to coordinate crypto rules.

Global Regulators Consider Launching a Joint Body to Coordinate Crypto Rules

This week, the International Organization of Securities Commissions (IOSCO) held a meeting to explore cryptocurrency legislation.

Global market regulators are expected to establish a unified organisation to better coordinate cryptocurrency laws within the next year, according to IOSCO head Ashley Alder.

Cyber security, operational resilience, and lack of transparency are among the crypto-related concerns that need to be addressed, according to Alder.

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