NewsEconomicsAlder (IOSCO): crypto currencies, global standards are needed

Alder (IOSCO): crypto currencies, global standards are needed

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A body could arrive within the next year to coordinate the rules governing cryptocurrencies globally. The forecast is by Ashley Alder, president of the International Organization of Securities Commissions (IOSCO), who spoke at an online conference organized by the think tank OMFIF – Official Monetary and Financial Institutions Forum. Under the lens of regulators, the boom in the crypto market and their links with traditional finance. We can say that cryptocurrencies are one of the three Cs that deserve the most attention, with Covid and climate change. This week, California by the voice of Governor Newsom announced that a regulatory framework at the state level will soon be adopted, while New York has banned Bitcoin mining.

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