International Organization of Securities Commissions releases cryptocurrency regulatory recommendations

According to the International Organization of Securities Commissions (IOSCO), it has released regulatory proposals for cryptocurrencies on Friday. The aim is to help establish a global regulatory framework to address the risks posed by cryptocurrency service providers. IOSCO has been consulting on rules for the cryptocurrency industry since May, covering issues such as market abuse, conflicts of interest, protection of client assets, disclosure of information, and risks related to cryptocurrencies.