🏛The International Organization of Securities Commissions (IOSCO) has unveiled a plan to hold decentralized finance (DeFi) sector participants accountable and ensure market stability. According to the organization, the bankruptcy of the crypto exchange FTX and the collapse of the stablecoin TerraUSD in 2022 showed that turmoil in one sector of the digital asset market can trigger an outflow of billions of dollars from DeFi applications.
