International Securities Regulators Commit to Blockchain Research Effort
An international organization composed of the world’s top securities regulators is set to delve into blockchain technology research. The International Organization of Securities Commissions (IOSCO), founded in the early 1980s, is dedicated to fostering cooperation between global securities regulators, particularly in regards to standards development and information exchange. According to a news release, the topic of blockchain tech was of particular interest during discussion sessions at the meeting, held on on 16th-18th February in Madrid. The organization said: “On identifying and....
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The chairman of the Australian Securities & Investments Commission (ASIC) has encouraged regulators around the world to embrace blockchain innovation, the technology that underpins bitcoin. ASIC chairman Greg Medcraft has spoken about the potential and promise that blockchain technology holds, urging regulators around the world to “start thinking about” blockchain innovation, during a recent industry meeting at Madrid. Besides his role as the ASIC chairman, Medcraft is also the chairman of the International Organization of Securities Commissions (IOSCO). Suffice to say, the endorsement....