According to Foresight News, the International Organization of Securities Commissions (IOSCO) has stated in its 2024 strategy that it is shifting its attention towards tokenization. The organization will focus on tokenization use cases specific to the securities market and distributed ledger technology. The aim of this initiative is to reach a consensus among IOSCO members on the adoption and current use cases of asset tokenization in the securities market, and to analyze whether further policy direction is needed.
Cryptocurrency has become a high priority for IOSCO. The organization plans to develop an evaluation method in the second half of this year and will update its 2020 report on crypto asset investor education for retail investors. According to the new strategy, the International Securities Commission also intends to explore some of the challenges brought about by artificial intelligence.