Crypto:
29856
Bitcoin:
$67.634
% 2.72
BTC Dominance:
%52.9
% 0.21
Market Cap:
$2.53 T
% 1.90
Fear & Greed:
76 / 100
Bitcoin:
$ 67.634
BTC Dominance:
% 52.9
Market Cap:
$2.53 T

Nasdaq Refocuses on Crypto Technology!

Nasdaq

The Nasdaq, the world’s leading technology exchange and a U.S.-based company, plans to redeploy the technology used in its previously suspended digital asset custody platform project.

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Nasdaq is reviving its interest in cryptocurrency technology and carbon markets in order to open up new markets. However, due to legal restrictions, it aims to offer an institutional-level platform instead of a custody service.

In July, Nasdaq suspended its digital asset custody platform and related license, citing regulatory restrictions in the United States. In an interview with Bloomberg, Nasdaq co-president Tal Cohen said the company will continue to develop crypto technologies for customers instead of seeking a digital asset license.

The exchange wants to expand into carbon markets and aims to attract more customers to new assets with this decision. Tal Cohen stressed that Nasdaq will be strengthened by focusing not only on digital assets but also on carbon markets.

Nasdaq

Cohen also touched on the topics of regulations and tokenization. He stated that regulations are a key factor for these technologies and that corporate adoption is equally important. Cohen said that the negative developments that took place last year disrupted adoption and that they will continue to use distributed ledger technology and blockchain technologies, and that they will work on tokenizing assets with limited supply.

Tal Cohen also called on lawmakers to make New York a more attractive financial center for startups in London. He cited European tax policies, strict regulations, and structural problems as the main obstacles to listing in London.


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