The CEO of Nasdaq said that the stock exchange can become a platform for cryptocurrency trading if the market will become more regulated. This statement Friedman adena (Adena Friedman) made during the CNBC television programs Squawk Box on Wednesday, April 25.
Friedman believes that cryptocurrencies will continue to exist, but it is unknown how long it will take for the “maturation” of the cryptocurrency sphere.
It is worth noting that Nasdaq has long manifested a high interest in cryptocurrency industry. So yesterday it became known that the stock exchange has signed an agreement with the twins Winklevoss (Winklevoss) Gemini Trust Company. In the framework of this partnership cryptocurrency exchange Gemini will be able to use the technology oversight of the Nasdaq market to prevent fraud and illicit trade.
In another interview that Friedman gave to NBC, the CEO of Nasdaq stated that it shared the view that the primary supply of coins (ICO) should be regarded as securities.
“The ICO needs to be regulated. SEC law, which calls them the securities that should be regulated accordingly,” said Friedman.
We will remind that this year the Commission on securities and stock exchanges of the USA (SEC) began a more thorough study of the cryptocurrency sphere. The SEC held hearings on the topic of cryptocurrencies together with the Commission on commodity futures trading (CFTC), the results of which regulators have come to the conclusion that the ICO needed more stringent rules, and cryptocurrencies need smart policies to promote innovation.