Definition ∞ DPT Service Providers are entities that offer services related to digital payment tokens, such as exchanges or custodians. These providers facilitate the buying, selling, storage, or transfer of digital payment tokens for users. Their operations often include maintaining order books, providing wallet services, and executing transactions. Regulatory bodies frequently subject DPT service providers to specific licensing, anti-money laundering, and cybersecurity requirements to protect consumers and maintain market integrity.
Context ∞ The discussion around DPT service providers centers on evolving regulatory frameworks aimed at increasing consumer protection and combating illicit financial activities. A critical future development involves the harmonization of international regulations, which could streamline operations for global providers and enhance market stability.
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