Intermediation standards are established rules and practices governing the conduct and operations of entities that facilitate transactions or connections between other parties. These standards typically cover areas such as capital adequacy, operational resilience, consumer protection, and data security. They aim to ensure fairness, transparency, and stability within intermediary services.
Context
For digital assets, intermediation standards are a growing area of regulatory focus as traditional financial intermediaries enter the crypto market and native crypto platforms mature. News reports track the development and application of these standards to crypto exchanges, brokers, and custodians. The goal is to bring the digital asset market in line with established financial norms, mitigating risks associated with unregulated services.
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