Definition ∞ A token issuer is the entity responsible for creating and distributing digital tokens on a blockchain. This entity can be a company, a decentralized autonomous organization (DAO), or an individual that develops and releases a new cryptocurrency or digital asset. The issuer typically defines the token’s characteristics, supply, and distribution mechanism, playing a central role in its initial launch and subsequent management. They often maintain a degree of control or influence over the token’s ecosystem.
Context ∞ The regulatory landscape for token issuers is rapidly evolving globally, with authorities working to classify tokens and establish clear guidelines for their issuance and trading. Compliance with securities laws, anti-money laundering regulations, and consumer protection rules is a significant concern for issuers. Future developments will involve greater clarity in legal frameworks, influencing how new tokens are brought to market and managed.