Definition ∞ A platform operator is an entity responsible for the administration, maintenance, and functioning of a digital platform, such as a cryptocurrency exchange, lending protocol, or NFT marketplace. This operator manages the underlying infrastructure, ensures service availability, and often implements compliance procedures. Their role is crucial for the smooth operation and security of the platform. They often face regulatory scrutiny.
Context ∞ News frequently covers the actions and responsibilities of platform operators, especially concerning regulatory compliance, security breaches, or service outages. The regulatory landscape is increasingly focusing on holding operators accountable for activities conducted on their platforms. Debates often revolve around the extent of an operator’s control versus the decentralized nature of some digital asset protocols.
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