Nasdaq Holds Closed Door Event to Discuss Legitimizing Crypto

DooKey

[H]F Junkie
Joined
Apr 25, 2001
Messages
10,543
Nasdaq officials met with half a dozen companies this week to discuss what it's going to take to legitimize crypto. The focus of the meeting was what the companies needed to do to improve the image of crypto and the need to validate it's possible role in the market. Also, Nasdaq is currently working with several companies to help them deal with regulation and what tools and surveillance are required to improve the image of crypto as a viable trading option. All in all this is a good first step for crypto and if anyone can help the exchanges clean house and gain respectability it's Nasdaq. Good news indeed if you are bullish on crypto.

“I do believe that over time we’re going to find that there is really utility” in cryptocurrencies, Friedman said at a Bloomberg event in June. Nasdaq disclosed this week that it’s supplying technology to five crypto exchanges, including Gemini and SBI Virtual Currencies. It hasn’t named the other three.
 

Rahh

[H]ard|Gawd
Joined
Jan 14, 2005
Messages
1,607
Will be an interesting road. IT's still heavily manipulated and making legitimized might actually hurt it.
 

Nebell

2[H]4U
Joined
Jul 20, 2015
Messages
2,057
NASDAQ, Blackrock, Goldman Sach... they are changing their tactic and all considering getting into crypto. They have figured out that it's not going anywhere and should capitalize on its low market cap. There are huge gains to be had.
 

niconx

2[H]4U
Joined
Sep 26, 2004
Messages
2,951
Rich people hold closed meeting to discuss legitimizing money laundering scheme...
 

zkostik

Gawd
Joined
Sep 17, 2009
Messages
929
I bet crypto will tank bit time after this as that pretty much kills the biggest appeal of it...
 
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