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Anndy Lian: Binance mandates market makers disclosure for token projects

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Binance is implementing new measures to enhance transparency among market makers, according to Anndy Lian. The crypto exchange now requires token projects to disclose their market maker identity, legal entity, and key contract terms, including details about inventory and fees.

Lian highlights the importance of self-regulation and underscores that these steps aim to bring greater transparency to the platform.

 

 

Lian recently noted that a stablecoin yield ban agreement could facilitate the passage of a major crypto law in April. He has also discussed how artificial intelligence may threaten crypto by building internal economies that operate independently of blockchain. These previous comments reflect ongoing attention to shifts in digital asset regulations and technology.

 

Source: https://tradersunion.com/news/market-voices/show/1796181-binance-market-makers-transparency/

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