According to CoinDesk, the International Committee of Securities Regulators (IOSCO) released long-term recommendations on cryptocurrency regulation on Friday. As a global securities market regulatory standard setter, IOSCO has been negotiating rules in the crypto space since May, covering issues such as market abuse, conflicts of interest, customer asset protection, disclosure, and risks associated with cryptocurrencies. These recommendations are intended to help establish a global regulatory response to address the risks posed by crypto asset service providers.

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