Donnell Dixon, CEO of the Stellar Development Foundation, interviews Jijinder Singh, Deputy Secretary General of IOSCO, about global regulatory frameworks for crypto assets. Singh discusses IOSCO's 18 recommendations focused on investor protection, market integrity, and addressing conflicts of interest in crypto service providers.
In this Block by Block episode, Donnell Dixon interviews Jijinder Singh, Deputy Secretary General of IOSCO (International Organization of Securities Commissions), about regulating crypto assets globally. Singh explains IOSCO's principles-based approach to regulation, emphasizing investor protection and market integrity over technology classification. He details 18 recommendations covering crypto asset service providers, custody, market manipulation, and retail investor protection. Singh discusses coordination with the Financial Stability Board and G20, IOSCO's 125+ member regulators covering 95% of global capital markets, and how jurisdictions should approach crypto regulation. He encourages builders to engage with regulators, noting that innovation and investor protection are complementary, not contradictory. Singh expresses optimism about blockchain's transformative potential in finance while cautioning against cryptocurrency speculation.