Binance Enhances Market Maker Rules, Requires Partner Disclosure for Token Issuers
Binance has introduced new, more stringent rules for market makers and token issuers operating on its exchange. Under these updated guidelines, token issuers are now required to disclose their partners to Binance. A key aspect of the new policy is the explicit ban on profit-sharing and guaranteed return arrangements for market makers. This initiative by Binance is aimed at proactively addressing and preventing potential conflicts of interest within its ecosystem. Furthermore, the measures are intended to combat manipulative trading activities, thereby working towards fostering a more transparent and equitable trading environment on the platform.
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