Global Market Standards

Definition ∞ Global market standards are uniform rules, practices, and guidelines applied across international financial markets, including those for digital assets. These standards aim to promote consistency, transparency, and fairness in trading and operations. They provide a common framework for participants worldwide. Adherence to these standards helps mitigate systemic risks.
Context ∞ The development and adoption of global market standards for cryptocurrencies are ongoing, driven by the need for regulatory harmonization and investor protection. Divergent national approaches currently present challenges for cross-border operations and market integrity. International bodies are actively working towards establishing common principles to guide the digital asset sector.