The U.S. Securities and Exchange Commission (SEC) has said that it wants to see cryptocurrency markets, including exchanges, take steps to protect investors from manipulation if exchange-traded funds (ETF) are to be approved. One exchange is already working toward cleaning up the space and has introduced a tool that will allow it to monitor the platform for market manipulation and suspicious activity. The Bitstamp exchange has announced that it will begin to use the Irisium Surveillance platform to uncover questionable market activity. The platform, which is already used by a number of financial entities including the Asia Pacific Exchange (APEX), is partly owned by Cinnober, a tech developer for financial markets with which Bitstamp recently partnered. Bitstamp\u2019s founder and CEO, Nejc Kodric, stated of the inclusion of Irisium, \u201cWe are committed to crypto in the long term. Our desire is to guarantee a fair and orderly market which reflects genuine supply and demand. Exploring new frontiers in preventing market manipulation is essential for the industry to mature.\u201d Irisium, according to the company\u2019s website, has created a number of tools that allow entities to monitor trading platforms and ensure compliance with European regulations, including the Markets in Financial Instruments Directive, the Market Abuse Regulation and the Regulation on Wholesale Energy Market Integrity and Transparency. The site further asserts, \u201cThe system makes available the tools and analytical data to enable regulators to identify, track and investigate any trading activity\u201d and \u201cis already utilized by European regulators.\u201d Irisium\u2019s CEO, Alastair Goodwin, explained of the new partnership with Bitstamp, \u201cBitstamp\u2019s pro-active adoption of Irisium and close partnership with us demonstrates their desire to increase transparency, integrity and confidence in the cryptocurrency market. \u2026 Enhanced customer protection and market integrity will help drive adoption and market liquidity.\u201d Bitstamp\u2019s decision to use the Irisium platform was completely independent of the SEC\u2019s statement on market manipulation. However, the timing is perfect and could, if it works as planned, allow for crypto exchanges to jump one of the hurdles that have keep institutional investors at bay. Moves such as this, coupled with the announcements made by Fidelity and NASDAQ that they are almost ready to get their crypto platforms going, should help 2019 to be an important year for the crypto industry.