The International Organization of Securities Commissions (IOSCO) stated that commissions need more authority and space to combat the rising risks in digital marketing.
of IOSCO 12 October In its report published on securities kyour missions In the current challenging conditions, more to authority pointed out the need.
The organization said that with the proliferation of crypto assets, marketing activities have increased and that control has been increased. it’s getting harder stated. The institution introduced to member countries, given the challenging conditions new of the measures recommended its implementation.
in the report behavioral and Gamification emphasis was placed on the use of techniques. In addition, it is at the forefront of the crypto money industry and generally introduces cryptocurrencies to investors. Finfluencers addressed in the report. In the IOSCO report, Finfluencers sometimes from the regulations get away for digital veil a team called legal spaces He warned his members against this issue. General Secretary of IOSCO Martin Moloney He made the following statements on the subject:
Digital scammers can hide behind a digital veil to keep regulators away or to fight against regulation.
IOSCO’s measures are quite comparable to those applied to securities in the past. similarity showed. Measures will generally be built to be aware of misleading and illegal promotions and to receive complaints from consumers in this area. channel and information network evidence tracing processes contains.
On the other hand, for the online marketing staff of cryptocurrency companies, qualification and licence is one of the critical recommendations of IOSCO in the report. Another issue is for the activities of foreign companies in the country. licence obligation whether it should be run or not.