Binance Introduces New Rules to Prevent Market Manipulation but Fails to Address Counterparty Concerns

Binance, one of the largest cryptocurrency exchanges in the world, has introduced new rules to prevent market manipulation. However, critics argue that the exchange is not taking sufficient action against its largest counterparties.

The new rules aim to help projects conduct due diligence on their market-maker partners and remind users to be mindful of market conditions. However, many experts question the effectiveness of these measures, given the complexity of the issue and the lack of transparency in the exchange's operations.