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Laxman Pai, Opalesque Asia:

The Board of the International Organization of Securities Commissions (IOSCO) is seeking comments on a consultation paper that describes the issues associated with crypto-asset trading platforms (CTPs) and sets forth key considerations to assist regulatory authorities in addressing these issues.

The paper, entitled "Issues, Risks, and Regulatory Considerations Relating to Crypto-Asset Trading Platforms," tackles the identified risks and issues of CTPs, which include access to trading platforms, safeguarding investors' assets, conflicts of interest, operations, market integrity, price discovery, and technology.

The development of crypto-assets is an important area of interest for regulatory authorities around the world. The move comes amid growing demand for regulators to provide some oversight of the emerging cryptoasset market.

The report sets out key considerations that are intended to assist regulatory authorities in evaluating CTPs within the context of their regulatory frameworks.

The primary topics covered include: Access to CTPs; Safeguarding participant assets; Conflicts of interest; Operations of CTPs; Market integrity; Price discovery; and Technology.

Many of the issues related to the regulation of CTPs are common to traditional securities trading venues, but may be heightened by how CTPs are operated.

Where a regulatory authority has determined that a crypto-asset is a security and falls within its remit, the ......................

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