Definition ∞ Registered exchange compliance pertains to the adherence of digital asset exchanges to the rules and regulations imposed by relevant financial authorities. This includes requirements for licensing, anti-money laundering procedures, customer protection, and market surveillance. Compliance ensures that exchanges operate within legal boundaries, promoting fairness, transparency, and investor confidence. It is a fundamental aspect of legitimizing digital asset trading venues.
Context ∞ The demand for robust registered exchange compliance is a driving force behind regulatory efforts to bring greater oversight to the digital asset market. Discussions frequently address the challenges of enforcing traditional financial regulations on decentralized or globally distributed platforms. Future regulatory actions are expected to standardize compliance expectations for exchanges, fostering a more secure and accountable trading ecosystem for digital assets.