Which IOSCO initiative addresses risks associated with decentralized finance (DeFi) protocols, focusing on investor protection, market integrity, and the application of existing securities regulations to novel blockchain-based financial activities?
- DeFi Task Force
- Crypto-Assets Task Force
- Fintech Network
- Digital Assets Working Group
Answer: Crypto-Assets Task Force
The CATF examines DeFi's unique challenges: smart contract risks, governance token regulation, cross-jurisdictional enforcement, and anonymity features. It develops guidance to ensure regulatory frameworks keep pace with innovation while safeguarding investors and financial stability.