Binance tightens market maker rules, tells token issuers they must disclose partners
Analysis
Price Impact
LowBinance's new market maker rules focus on transparency and preventing conflicts of interest. while aimed at improving market integrity, the direct impact on individual coin prices is likely to be minimal in the short term, as it targets the mechanisms of liquidity provision rather than specific asset fundamentals.
Trustworthiness
HighPrice Direction
NeutralThe rules are designed to create a fairer trading environment, which is a long-term positive for the market. however, they do not introduce new demand or supply for specific assets, nor do they signal a significant shift in overall market sentiment. therefore, the immediate price direction for most cryptocurrencies is expected to remain neutral.
Time Effect
LongThe long-term effect could be a more stable and less manipulative crypto market, which would benefit all participants and potentially lead to more sustainable price growth. however, the implementation and enforcement of these rules will take time to demonstrate their full impact.
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Finance Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email Binance tightens market maker rules, tells token issuers they must disclose partners The guidelines ban profit-sharing and guaranteed return arrangements, aiming to prevent conflicts of interest and manipulative trading. By Francisco Rodrigues | Edited by Sheldon Reback Mar 25, 2026, 3:39 p.m. Make us preferred on Google (Vadim Artyukhin/Unsplash) What to know : Binance released new guidelines for market makers, requiring them to disclose their identity, contract terms and other information. The rules ban profit-sharing and guaranteed-return arrangements, aiming to prevent conflicts of interest and manipulative trading. Binance said it will monitor market maker activity and take action against misconduct, such as selling tokens in a way that clashes with release schedules or artificially inflating trading volume. Binance, the largest crypto exchange by volume traded, released guidelines placing tighter obligations on token issuers and liquidity providers. The new rules require projects to disclose their market maker's identity, legal entity and contract terms. They also ban profit-sharing and guaranteed-return arrangements, which the exchange said can create incentives that conflict with fair trading. Token lending agreements must clearly say how borrowed tokens can be used. The rules are "intended to help projects conduct stronger due diligence on their market-maker partners and remind users to be mindful of market conditions," a Binance spokesperson said in an email. The company is looking to foster "a fair and efficient marketplace, and we do not tolerate misconduct." The new policy targets a part of the crypto market that often works behind the scenes. Market makers usually post buy and sell orders to keep trading active and reduce sharp swings in price, which, in a healthy market, can help users buy or sell without major slippage, especially when a token is newly listed. Binance said problems occur when firms act less like neutral liquidity providers and more like sellers with hidden incentives. The exchange flagged behavior such as selling that clashes with token release schedules, one-sided trading and activity that inflates volume without moving prices in a natural way. In the blog post, Binance said it will take “swift, decisive action against any misconduct,” including blacklisting market makers. It’s unclear whether Binance plans to name the market makers it blacklists. Binance Markets Regulation More For You Franklin Templeton puts its $1.7 trillion weight behind Ondo to bring 24/7 stock trading to the blockchain By Helene Braun , AI Boost | Edited by Stephen Alpher 38 minutes ago The move expands access to U.S. markets as tokenized securities gain traction among digital investors. What to know : Ondo Finance is partnering with Franklin Templeton to offer tokenized versions of traditional investment products on blockchain, aiming to bridge conventional finance and crypto infrastructure. The collaboration will use Ondo Global Markets to issue tokens backed by real-world assets like stocks and ETFs, while Franklin Templeton supplies products and education... Read full story Latest Crypto News The Protocol: Ethereum faces make-or-break moment as scaling, quantum and AI pressures mount 4 minutes ago Circle selloff may be overdone as crypto bill weakens Coinbase edge, say analysts 15 minutes ago Ethereum Foundation prepares for quantum threat with new cryptography roadmap 20 minutes ago Franklin Templeton puts its $1.7 trillion weight behind Ondo to bring 24/7 stock trading to the blockchain 38 minutes ago UK political crypto donations banned by Starmer government 1 hour ago CoinDesk 20 performance update: Stellar (XLM) gains 6% as all constituents rise 2 hours ago Top Stories Bitcoin’s refusal to fall signals crypto's underlying strength even as war risks linger 4 hours ago Crypto giant debuts oil trading, but it's a different model to Hyperliquid's perps 9 hours ago Gold’s longest losing streak in a century meets bitcoin’s resurgence 5 hours ago Bitcoin nears $72,000 as rising open interest signals growing leverage in choppy market 5 hours ago There's a huge $14 billion bitcoin options expiry this Friday and it points to $75,000 as price magnet 7 hours ago Ripple taps Singapore's central bank sandbox to test stablecoin-powered trade finance with RLUSD 10 hours ago