GBBC Digital Finance partnered with the International Organisation of Securities Commissions (IOSCO) on Thursday, becoming an affiliate member of the association.
It joins as the 70th member of the group’s IOSCO Affiliate Members Consultative Committee. The latter offers insights into the IOSCO’s policy and standards
The news comes as the organisation published its Crypto-Assets Roadmap in July last year.
Lawrence Wintermeyer, CBBC Digital Finance chairman, said at the time that the addition was an “important milestone” for his organisation, its members, and the “wider digital finance industry.”
Emma Joyce, CEO of GBBC Digital Finance, added: “We are proud to be an affiliate member of such an esteemed membership organization. Our priority at GDF in 2023 is engagement with regulators and [policymakers] and jointly examining how we might construct a DeFI education and engagement platform.
The news comes after the organisation published a DeFi research paper in March last year. Researchers noted several risks to DeFi systems and later partnered with the Bank for International Settlements to tackle the issues.
As a result, the joint effort outlined potential solutions for safeguarding stablecoin technologies.
The IOSCO creates and backs global securities standards for the finance industry, hosting 35 national securities regulators across 200 partner organisations.
