Sometimes clarifying what cannot be done actually leaves a gray area.

Written by: Eric, Foresight News

Recently, Binance released a risk warning for cryptocurrency market makers and a guide for project parties and users. Many interpret this as Binance strengthening its control over market makers, but the guide does not explicitly mention an upgrade in control, mainly reminding project parties and users to be vigilant against some malicious behaviors of market makers.

Binance's current supervision and punishment of market manipulation still follows the 'Binance Market Surveillance Program' mentioned in the article released in February 2025, mainly targeting three types of market manipulation behaviors: