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The Nasdaq stock exchange is preparing for cryptocurrencies
The Nasdaq stock exchange is preparing for cryptocurrencies
Crypto

The Nasdaq stock exchange is preparing for cryptocurrencies

By Marco Cavicchioli - 30 Jul 2018

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The company that manages the Nasdaq stock exchange related to technology is interested in the crypto sector, it already collaborates with some operators.

Bloomberg reported about a closed-door meeting hosted by Nasdaq in Chicago with representatives of half a dozen companies, including some traditional stock exchanges like Gemini.

According to Bloomberg’s source, defined as ‘a person familiar with the event’, the focus of the meeting was to encourage cryptocurrency market operators to ‘improve their image and confirm their role in the global markets’.

One of the topics discussed was the implications of the cryptocurrency market’s future regulations.

Nasdaq’s CEO, Adena Friedman, had already stated that she believed that regulation of this market was necessary, and had also confirmed her collaboration with a number of exchanges to find appropriate solutions.

Nasdaq provides its technology to five exchanges, including Gemini and SBI. Moreover, Friedman herself also said: “I do believe that over time we’re going to find that there is really utility” in cryptocurrencies, so last week’s meeting shouldn’t come as a surprise, and it confirms that Nasdaq is taking concrete steps in this direction.

The Bloomberg source itself has confirmed that this kind of meeting will not be the last, adding that there will be a continuous dialogue between the members involved.

Marco Cavicchioli
Marco Cavicchioli

Born in 1975, Marco has been the first to talk about Bitcoin on YouTube in Italy. He founded ilBitcoin.news and the Facebook group" Bitcoin Italia (open and without scam) ".

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