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Fintech– 10
Binance tightens market maker rules, boosts transparency
CoinDesk·
Binance, the world's largest cryptocurrency exchange, has implemented stricter rules for market makers and token issuers to enhance market integrity and prevent conflicts of interest. The new guidelines mandate the disclosure of market maker identities, contract terms, and ban profit-sharing or guaranteed return arrangements. This move aims to curb manipulative trading practices, such as artificial volume inflation or trading misaligned with token release schedules. Binance will actively monitor market maker activity and take decisive action against misconduct, including blacklisting offending firms. These measures are designed to foster a fairer and more efficient trading environment for all users.
Tags
fintech
regulation
crypto
Original Source
CoinDesk — coindesk.com