Definition ∞ Market Structure Policy refers to the rules and regulations governing the organization and operation of financial markets. These policies address aspects such as trading venues, order execution, transparency, and investor access. The objective is to ensure fair, orderly, and efficient markets. They shape how assets are traded and priced.
Context ∞ Regulatory bodies are actively developing and implementing market structure policies specifically tailored for digital asset markets, aiming to provide clarity and oversight. Key discussions often involve the classification of digital assets, the regulation of centralized versus decentralized exchanges, and measures to prevent market manipulation. These policies are critical for integrating digital assets into the broader financial system.