Global Crypto Regulator Likely to Emerge in 2023

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Global Crypto Regulator Likely to Emerge in 2023
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ICYMI: according to IOSCO chair, security commissions all over the world are likely to launch a joint crypto regulatory body within 2023 cryptoregulation

Ashley Alder, CEO of the Hong Kong Securities and Futures Commission and chairman of the International Organization of Securities Commissions .

The statement was made during the Official Monetary and Financial Institutions Forum, which has taken place over the last couple of days. In Alder's opinion, the three Cs—Climate, COVID and Crypto—are all very important matters and should be regarded as equally risky subjects.The solution, in Alder's opinion, is somewhere in the area of creating a global joint regulator. The one regulator that could best align crypto rules all across the globe, something similar to the already established climate finance group, G20.In recent years, crypto has managed to avoid excessive regulatory pressure.

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