IOSCO calls for more investor education on crypto assets
Retail investors must be more educated about the risks associated with crypto assets, especially when it comes to investments promoted on social media or lacking basic investor protections.
This was the main finding from the final report on investor education and crypto assets by IOSCO, the global standard setter for securities market regulators.
IOSCO set up a fintech task force in 2022, specifically to look into the risk of making crypto assets available to retail investors.
In addition to the threat of scams and fraudsters, IOSCO has also called on securities regulators to promote a better understanding of investing generally among retail participants, including having an investing plan, and understanding risk tolerance and time…
