Binance has introduced new guidelines for market makers, mandating token issuers to disclose market maker information promptly. The guidelines prohibit profit-sharing and guaranteed return arrangements, ensuring transparency and fairness in market operations. Additionally, token lending agreements must clearly specify the intended use of tokens.
Binance emphasized its commitment to enforcing these rules, stating it will take swift and decisive action against any violations. This includes the potential blacklisting of non-compliant market makers, underscoring Binance's dedication to maintaining a transparent and compliant trading environment.
Binance Enforces New Market Maker Guidelines to Enhance Transparency
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