# IOSCO demands tighter scrutiny over the ‘finfluencers’

# IOSCO demands tighter scrutiny over the ‘finfluencers’

” IOSCO demands tighter scrutiny over the ‘finfluencers’ “ The Board of the International Organization of Securities Commissions (IOSCO) believes the regulators on both national and international levels need more power to address increasing risks and challenges from the “digitalization of retail marketing and distribution.” In its report, published on Oct. 12, IOSCO proposes measures…

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# BIS marks CBDC pilot as ‘successful’ with M transacted

# BIS marks CBDC pilot as ‘successful’ with $22M transacted

” BIS marks CBDC pilot as ‘successful’ with $22M transacted “ A multi-jurisdictional Central Bank Digital Currency (CBDC) pilot has been marked “successful” by the Bank for International Settlements (BIS) after a month-long test phase that facilitated $22 million worth of real-value cross-border transactions. The central banks of Hong Kong, Thailand, China and the United…

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# Crypto’s adaptability, openness key to ideal monetary system, say BIS execs

# Crypto’s adaptability, openness key to ideal monetary system, say BIS execs

” Crypto’s adaptability, openness key to ideal monetary system, say BIS execs “ Governments across the globe see central bank digital currencies (CBDC) as a means to improve the existing fiat ecosystem. Cryptocurrency’s technical prowess supported by the central bank’s underlying trust is key to enabling a rich monetary ecosystem, suggests an International Monetary Fund…

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# BIS committee and IOSCO issue guidance for regulation of stablecoin arrangements

# BIS committee and IOSCO issue guidance for regulation of stablecoin arrangements

” BIS committee and IOSCO issue guidance for regulation of stablecoin arrangements “ The principle of “same risk, same regulation” for crypto received further confirmation with the release Wednesday of new guidance on stablecoin arrangements (SAs). The guidance, issued by the Bank for International Settlements (BIS) Committee on Payments and Market Infrastructures (CPMI) and International…

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# BIS to launch market intelligence platform amid stablecoin, DeFi collapse

# BIS to launch market intelligence platform amid stablecoin, DeFi collapse

” BIS to launch market intelligence platform amid stablecoin, DeFi collapse “ The Bank for International Settlements (BIS) Innovation Hub announced the launch of a new set of projects targeting various aspects of traditional and crypto payments — including a cryptocurrency market intelligence platform and security for retail central bank digital currency (CBDC). BIS’s cryptocurrency…

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