Exchange Operator Duties

Definition ∞ Exchange Operator Duties are the responsibilities and obligations placed upon operators of cryptocurrency exchanges by regulatory authorities and market expectations. These duties typically include maintaining fair and orderly markets, implementing robust security measures, preventing market manipulation, and adhering to anti-money laundering rules. Fulfilling these duties is essential for market integrity and investor protection. These operators play a central role in the digital asset trading ecosystem.
Context ∞ The scope and enforcement of exchange operator duties are a prominent topic in global crypto regulation, with jurisdictions working to define clear standards. There is ongoing discussion about the extent of liability for exchange operators in cases of security breaches or market disruptions. Ensuring adequate consumer protection and operational resilience remains a primary focus for regulators.