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Nasdaq CEO Gives Big Thumbs Up to Crypto

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Thu, 26/04/2018 - 2:12
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Nasdaq CEO Gives Big Thumbs Up to Crypto
Cover image via U.Today
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Amidst negative media hype and a slight fall in values Wednesday, Adena Friedman, CEO of Nasdaq, re-affirmed that cryptocurrencies are here to stay.

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Friedman told CNBC news today:

“Certainly Nasdaq would consider becoming a crypto-exchange in time. Once you look at it and say ‘do we want to provide a regulated market for this?' Certainly, Nasdaq would consider it."

Friedman further added that she agrees with the US Securities and Exchange Commission (SEC) that ICOs are like securities and need to be regulated.

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Friedman’s approving stance may lend a helping hand towards crafting crypto-friendly regulation, some experts say.

While the SEC works to smooth out regulation, Friedman declared the company would collaborate with cryptocurrency exchange Gemini, founded by early Bitcoin investors Tyler and Cameron Winklevoss, on a technology deal.

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

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