How Does the “Market Abuse Regulation” (MAR) Apply to Crypto Trading?

MAR is primarily an EU framework but its principles influence global regulation. It prohibits insider dealing, unlawful disclosure of inside information, and market manipulation, which includes front-running.

While not all crypto assets are "financial instruments" under MAR, the principles are often extended to crypto derivatives or adopted by national regulators to ensure market integrity on centralized exchanges (CEXs).