Author: Jerun Raja

IOSCO’s Fresh Endeavour in International Securities: Crypto Regulation Proposals In an audacious move to mold the future of international securities regulation, the International Organization of Securities Commissions (IOSCO) has unfurled an innovative policy: the IOSCO Crypto Regulation Proposals. As a global standard-setter, IOSCO’s initiative represents a decisive step towards a comprehensive global standard for digital asset markets, addressing areas like market integrity, and regulatory uncertainty. Public Consultation: IOSCO Welcomes Global Perspectives In an unprecedented move underlining its status as a global standard-setter, IOSCO has initiated an open consultation period for these comprehensive crypto regulation proposals. This phase, which concludes on…

North Korea’s Cyberattacks Shake Japan’s Cryptocurrency Market North Korea has been orchestrating cyberattacks to target Japanese cryptocurrency assets, causing significant financial losses. Hacker groups affiliated with North Korea have successfully stolen a staggering $721 million from Japan since 2017, as revealed by a comprehensive study conducted by a U.K.-based compliance specialist. The Threat to Asia’s Security and Foreign Currency Acquisition Pyongyang’s motive behind these cyberattacks is believed to be obtaining foreign currency to support its missile program, thereby posing a potential security threat to Asia. By targeting the crypto assets of various countries, North Korea aims to bolster its nuclear…