International securities body IOSCO publishes DeFi recommendations

THE the regulators forum look at has THE effective Implementation of basic principles In A series of interdependent reports.

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THE International Organization of Securities Commissions (IOSCO) released nine policy recommendations on Dec. 19. THE organization East while searching has encourage bigger consistency of regulatory monitoring In And through jurisdictions.

THE recommendations are THE END result of A process that began with A report released early last year. They are far Since revolutionary — Ruler 7, For example, East "impose in force laws" — but their value East In THE detailed treatment each East given.

IOSCO Challenge policy recommendations. Source: IOSCO

So, THE advice accompanying Ruler 7 lists THE miscellaneous manners A decentralized finance (Challenge) Or other walk participant could seek has avoid regulation. “The regulators should assess if they to have THE appropriate powers, tools And resources," he advises, And he lists potential tools.

IOSCO finalize It is Challenge Policy Recommendations https://t.co/ZRik9g1mUd @IOSCOPress #challenge #defireregulation #challenges #decentralizedfinance #regulation

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