After the collapse of FTX, the desire of global regulators to write new rules on the crypto market has been growing.
The president of world securities regulator IOSCO, Jean-Paul Servais, considers it necessary to start the discussion on the subject.
In his opinion, there are already financial principles and laws that could serve as a reference framework for the regulation of cryptography at a global level.
The collapse of the FTX.com crypto exchange renewed concern about the cryptocurrency market and the need to regulate it as soon as possible. In this sense, 2023 will be a decisive year to establish new rules of the game that lead to greater supervision and control of these markets, hitherto semi-regulated.
According to the chairman of the global securities regulator IOSCO, Jean-Paul Servais, the regulation of digital assets does not have to start from scratch. In an interview with Reuters, Servais suggested taking certain principles from other sectors related to conflicts
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