Market Framework

Definition ∞ A market framework establishes the rules, structures, and mechanisms that govern economic activity within a specific domain. In the context of digital assets, this encompasses the regulatory guidelines, technological protocols, and operational procedures that dictate how cryptocurrencies and related instruments are traded, managed, and utilized. A well-defined framework promotes order, transparency, and predictability. It provides the operational boundaries for participants.
Context ∞ The ongoing evolution and definition of market frameworks for digital assets are a primary focus for regulators, industry participants, and policymakers globally. News coverage frequently addresses proposed legislation, regulatory pronouncements, or industry best practices aimed at shaping these structures. Debates surrounding market frameworks are critical for determining the future trajectory of digital asset adoption and integration into traditional finance.