Global crypto regulation body likely in next year: IOSCO Chair

The International Organisation of Securities Commissions' (IOSCO) Chair Ashley Alder said global market regulators are likely to launch a joint body within the next year to better co-ordinate cryptocurrency rules. "There's a wall of worry about this (crypto)...at an institutional level," Alder stated. He added that the main concerns are cyber security and a lack of transparency, among others.