Non-Manipulation Standards

Definition ∞ Non-manipulation standards are rules and practices designed to prevent artificial inflation or deflation of asset prices and ensure fair market operations. These standards prohibit activities such as wash trading, spoofing, and other deceptive practices that distort genuine supply and demand dynamics. In regulated markets, compliance with non-manipulation standards is critical for maintaining market integrity and investor confidence. Their application in digital asset markets aims to protect participants from unfair trading practices and promote transparent price discovery.
Context ∞ The establishment and enforcement of non-manipulation standards are a significant focus for regulators and exchanges seeking to legitimize digital asset markets. Discussions often address the challenges of applying traditional market integrity rules to the unique structures of decentralized and global crypto platforms. A key future development involves the creation of robust surveillance tools and regulatory frameworks specifically tailored to detect and prevent manipulation in the evolving digital asset landscape.