Exchange Standards

Definition ∞ Exchange standards refer to the established criteria and operational protocols that cryptocurrency exchanges must follow to ensure fair, secure, and transparent trading environments. These standards typically cover aspects like security infrastructure, listing requirements for digital assets, market surveillance, and customer service. Adherence to robust exchange standards is crucial for maintaining user trust and regulatory compliance. They help mitigate risks such as market manipulation, hacks, and operational failures.
Context ∞ Crypto news often highlights exchange standards in discussions about regulatory oversight, security breaches, or the delisting of certain tokens. Debates frequently center on the balance between decentralization principles and the need for centralized exchange accountability. A critical future development involves the harmonization of global exchange standards to foster a more secure and interconnected digital asset trading ecosystem.