; and (ii) any limitation on access to the registered crypto asset exchange; (B) establish and enforce compliance with trading, trade processing, and participation rules that will deter abuses and have the capacity to detect, investigate, and enforce violations of those rules, including means— (i) to provide market participants with impartial access to the market; and (ii) to capture information that may be used in establishing whether rule violations have occurred; and (C) establish rules governing the operation of the registered crypto asset exchange, including rules specifying trading procedures to be used in entering and executing orders traded or posted on the registered crypto asset exchange. (3) Crypto assets not readily susceptible to manipulation (A) In general A registered crypto asset exchange shall permit trading only in assets that are not readily susceptible to manipulation. (B) Listing restrictions A registered crypto asset exchange shall not permit trading in a crypto asset or payment stablecoin if it is reasonably likely that— (i) the transaction history of the asset can be fraudulently altered by any person or group of persons acting collectively; or (ii) the functionality or operation of the asset can be materially altered by any person or group of persons under common control. (C) Considerations In assessing a crypto asset or payment stablecoin under this paragraph, a registered crypto asset exchange shall consider— (i) the purpose and use of the asset; (ii) the creation or release process of the asset; (iii) the consensus mechanism of the asset; (iv) the governance structure of the asset; (v) the participation and distribution of the asset; (vi) the current and proposed functionality of the asset; (vii) the legal classification of the asset