GBBC Digital Finance (GDF), the most influential industry group advocating for the implementation of best practices for digital finance, has become an Affiliate Member of IOSCO. The GDF is an international nonprofit members group that promotes and speeds up the adoption of best practices for digital assets around the world. Under the framework of the Global Blockchain Business Council (GBBC), GDF is in charge of all initiatives relating to financial services.
Lawrence Wintermeyer, Chair of GBBC Digital Finance and member of the GBBC Group board, said: “This is an important milestone for GBBC Digital Finance, our members, and the wider digital finance industry. We will work with IOSCO to best engage our members in 2023 in providing any assistance we can to the two IOSCO Crypto-Asset Roadmap working groups, Crypto and Digital Assets (CDA) and Decentralized Finance (DeFi).”
Opportunities to Collaborate with the IOSCO Regional Hub
The International Organization of Securities Commissions (IOSCO) is the international group that is acknowledged as the global standard setter for the securities industry. IOSCO is responsible for the development of internationally recognized standards for the regulation of securities markets, as well as their implementation and development. It collaborates closely with the G20 and the Financial Stability Board (FSB) on the overall agenda for the reform of global regulatory standards.
Emma Joyce, CEO of GBBC Digital Finance, said: “We are proud to be an affiliate member of such an esteemed membership organization. Our priority at GDF in 2023 is engagement with regulators and policy-makers and jointly examining how we might construct a DeFi education and engagement platform. We also believe there are opportunities to collaborate with the IOSCO regional hub on roundtables, given GBBC Digital Finance’s global team and membership.”
GBBC is the most influential and extensive industry organization serving the blockchain technology and digital assets community. Established in Davos in 2017, GBBC is a Swiss-based non-profit organization with over 500 institutional members and 231 Ambassadors representing 109 countries and disciplines. The mission of the organization is to increase the use of blockchain technology by bringing together regulators, business leaders, and global changemakers to promote collaboration and advance dialogue.
