Global Regulators Consider Launching a Joint Body to Coordinate Crypto Rules – Regulation Bitcoin News

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Global Regulators Consider Launching a Joint Body to Coordinate Crypto Rules – Regulation Bitcoin News
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Global market regulators are likely to launch a joint body within the next year to better coordinate cryptocurrency regulations. crypto bitcoin $BTC

Global market regulators are likely to launch a joint body within the next year to better coordinate cryptocurrency regulations, said a top executive of the International Organization of Securities Commissions .Top executives at the International Organization of Securities Commissions discussed cryptocurrency regulation this week. Members of the global organization regulate more than 95% of the world’s securities markets in more than 130 jurisdictions.

Noting that similar setups are already in place for climate finance, including one set up by the G20 countries, Alder described: Citing the boom of digital currencies, including bitcoin, the IOSCO chair said crypto “has gone up the agenda” and become one of the three key areas authorities are focused on.

Martin Moloney, secretary-general at the IOSC, said at the International Swaps and Derivatives Association’s annual general meeting this week:

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