The Nasdaq secretly discusses possible regulation of the crypto market | CryptoNews



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Representatives of Nasdaq, the second-largest stock exchange in the United States and gathering thousands of tech companies, reportedly held a secret meeting with at least 6 startups to discuss possible scenarios such as crypto regulation -market, mechanisms to improve its image and validate its potential in global markets.

In a report released by Bloomberg, it was reported that the meeting had taken place earlier this week in Chicago. He was assisted by several executives of the traditional foreign exchange houses among which were representatives of the Gemini cryptographic currency exchange. According to media reports, a Nasdaq spokesman confirmed the meeting but declined to comment

However, the source said that meetings of this type will continue to take place in the future . "maintain a continuous dialogue between participants," he said. The fact that Nasdaq authorities and exchange houses hold meetings to discuss crypto-assets sends a message about the interest that crypto-currencies give to the main centers of economic power.

The news of this meeting comes as the Stock Market Commission and Securities of the United States (SEC) rejected the application for a publicly traded investment fund (EFT) made by Tyler's twins and Cameron Winklevoss, who are the owners of the Gemini Cryptocurrency Exchange.

Intentions Approaching Nasdaq

The relationship between Nasdaq and the crypto market is not new and even its CEO, Adena Friedman, said last April that if the regulation in this area was conducted satisfactorily, the stock market may consider to launch its own cryptocurrency exchange house.

The executive also made known his views regarding crypto He stated that he was in a phase of immaturity which he said can only be overcome by when the regulation meets the needs of the market.

While establishing meetings with ecosystem stakeholders sends a message of approach, it must be remembered that the Nasdaq announced in April that it would expel from the stock market to 2 companies related to cryptoactive technology. The aforementioned companies were Longfin and Long Blockchain

. In another note on the stock market and cryptoactives, we can mention the announcement made in November 2017, when Nasdaq and multinational financial services company Cantor Fitzgerald were planning to launch Bitcoin futures. for the first half of 2018.

Image selected by: pressmaster / stock.adobe.com

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