The International Organization of Securities Commissions (IOSCO), an association which regulates the world’s securities and futures markets, has urged financial institutions backing the use of blockchain technology to implement adequate fraud protection measures to safeguard consumer transactions. At its board meeting scheduled for next month, IOSCO will discuss ways to regulate the use of blockchain across the financial ecosystem, covering everything from setting up working groups to setting global standards. Blythe Masters, CEO of Digital Asset Holdings, will present the meeting.
The International Organization of Securities Commissions (IOSCO), an association which regulates the world’s securities and futures markets, has urged financial institutions backing the use of blockchain technology to implement adequate fraud protection measures to safeguard consumer transactions. At its board meeting scheduled for February 2016, IOSCO will discuss ways to regulate the use of blockchain across the financial ecosystem, covering everything from setting up working groups to setting global standards. Blythe Masters, CEO of Digital Asset Holdings, will present the meeting.