The International Organization of Securities Commissions (IOSCO) recently announced regulatory recommendations for Decentralized Finance (DeFi). It stated that regulatory authorities should strive to identify the responsible individuals or entities behind each protocol on the blockchain and prevent conflicts of interest and market manipulation in DeFi. It also emphasized the importance of information sharing among countries and ensuring consistency with securities market regulatory approaches.
IOSCO Announcement: DeFi Regulatory Recommendations Call for Verification of Protocol Administrators' Identities