Token Admission Policy

Definition ∞ A Token Admission Policy defines the criteria and rules governing which digital assets are listed or accepted onto a particular platform, exchange, or protocol. This policy typically evaluates factors such as security, liquidity, regulatory compliance, and technological compatibility. It serves as a gatekeeping mechanism to maintain the quality, safety, and operational integrity of the platform. Strict policies aim to protect users from fraudulent or unstable assets.
Context ∞ Token Admission Policies are frequently discussed in cryptocurrency news when exchanges announce new listings or delistings, or when decentralized protocols vote on adding new assets. These policies often become a point of debate regarding centralization, market access, and the potential for regulatory influence. News reports highlight how these policies reflect a platform’s risk appetite and commitment to user protection. Clear and consistent admission criteria are vital for building trust and ensuring market stability.