Copy link
Increase text size
Decrease text size
Link copied

IOSCO releases list of key considerations for regulating crypto-asset trading platforms

Image by IOSCO

Thu, 13 Feb 2020, 07:34 am UTC

The International Organization of Securities Commissions (IOSCO) has released a list of key considerations to help regulatory authorities when regulating crypto-asset trading platforms (CTPs).

In the report titled “Issues, Risks and Regulatory Considerations Relating to Crypto-Asset Trading Platforms,” IOSCO identified the different issues and risks associated with CTPs.

To help the regulatory authorities in evaluating the CTPs within their regulatory frameworks, it identified key considerations relating to access to CTPs, safekeeping of participant assets, identification and management of conflicts of interest, transparency of operations, market integrity, price discovery mechanisms, and technology, including resiliency and cybersecurity.

“Many of the issues related to the regulation of CTPs are common to traditional securities trading venues but may be heightened by the business models used by CTPs,” IOSCO said. “Accordingly, the report states that the IOSCO Principles and Methodology provide useful guidance for regulatory authorities considering the identified issues and risks.”

It added that it will closely monitor the evolution of crypto markets in order to ensure that "the issues, risks and key considerations identified in this report remain relevant and appropriate.”

In November 2019, IOSCO said that stablecoins, digital currencies with their value pegged to fiat currencies such as the U.S. dollar or euro, should fall under the existing securities regulations.

“Our analysis has shown that so-called ‘stablecoins’ can include features that are typical of regulated securities. This means IOSCO Principles and Standars may apply to stablecoins depending on how they are structured including those relate to disclosure, registration, reporting and liability for sponsors and distributors,” said Ashley Alder, Chair of the IOSCO Board.

TokenPost | [email protected]

<Copyright © TokenPost. All Rights Reserved. >

To leave a comment, please sign in.
  • Bitcoin (BTC) $10,123.60 (+3.49%)
  • Ethereum (ETH) $279.69 (+2.82%)
  • XRP (XRP) $0.224600 (+0.84%)
  • Bitcoin Cash (BCH) $413.13 (+2.72%)
  • Bitcoin SV (BSV) $311.02 (+2.88%)
  • Bitcoin (BTC) $10,123.60 (+3.49%)
Feb 19, 2020 (Wednesday)
Crypto custodian BitGo acquires digital securities startup Harbor
US Presidential candidate Michael Bloomberg proposes crypto regulatory framework
IRS invites crypto firms to discuss cryptocurrencies and related issues
Crypto Technicals: Major Cryptocurrency Support Resistance Levels
Crypto Technicals: Major Cryptocurrency Daily Technical Outlook
Banking giant Citi backs blockchain trade finance network Contour
Bank of Korea to develop blockchain-based bond management system
Northern Data, Canaan partner to cooperate on AI, blockchain and datacenter operations
Crypto Technicals: ETH/USD closes above 5-DMA, set to resume bullish momentum
Nebulous launches blockchain-powered file sharing platform ‘Skynet’
Crypto Technicals: BTC/USD consolidates previous session's spike, 'Golden Cross' keeps scope for further upside
Crypto finance firm Amber raises $28M in Series A funding
China upgrades national PPP information platform to use blockchain, AI and big data
Feb 18, 2020 (Tuesday)
Enjin’s game development platform goes live on ethereum
Crypto Technicals: Major Cryptocurrency Support Resistance Levels
Crypto Technicals: Major Cryptocurrency Daily Technical Outlook
Boerse Stuttgart's blocknox to offer crypto custody services to institutional clients
Crypto derivatives exchange Deribit lists daily ether options
UEFA EURO 2020 tickets to be distributed using blockchain-based ticketing system
South Korean and Singaporean crypto exchanges partner to develop new services
Subscribe to the TokenPost newsletter!
Don't show me this again today.
Back to top
Copyright ⓒ TokenPost. All Rights Reserved.