Overview
Market structure is the organization and regulation of crypto markets, venues, and intermediaries. It determines how trading works and is supervised. It is evolving from fragmented to regulated.
How It Works
Market structure covers exchanges, brokers, custodians, and settlement systems, and their rules. Regulators are defining standards for transparency and protection. Design affects efficiency and safety.
Why It Matters
Market structure determines market integrity, price discovery, and user protection. Improving it attracts institutional capital. It is a central theme of crypto regulation.
Related Concepts
Market Structure relates to Regulation, Exchanges, and Settlement. It defines how Crypto markets operate.