Definition ∞ Venue definitions refer to the specific classifications and regulatory categorizations of platforms where digital assets are traded or exchanged. These definitions are crucial for determining which rules and oversight mechanisms apply to different types of market operations. Regulators use these classifications to differentiate between exchanges, broker-dealers, and other trading facilities. They establish clear legal boundaries for market participants.
Context ∞ The lack of clear and harmonized venue definitions for digital assets is a major challenge in regulatory discussions globally. Debates often center on how existing financial market definitions apply to novel blockchain-based trading systems. Future regulatory clarity on venue definitions will significantly impact how digital asset markets are structured, supervised, and integrated into the broader financial system.
Blockchain Knowledge
Cryptocurrency Foundation
Cryptospace Newsfeed
