Nasdaq Plots to Legitimize Cryptocurrency in Secret Meeting:-
As first reported by Bloomberg, the closed-door meeting in Chicago was attended by representatives from about half a dozen companies, including cryptocurrency exchange Gemini — whose co-founders, Cameron and Tyler Winklevoss, were behind the latest failed bid to create a bitcoin ETF.
According to the publication, an unnamed source with knowledge of the meeting said that the participants discussed the implications of future cryptocurrency regulations and what industry firms can do to bolster the reputation of bitcoin and other cryptoassets.
CCN reported earlier this year that Nasdaq has inked agreements with a handful of cryptocurrency exchanges to allow them to use its market surveillance technology to police their trading venues, and the Wall Street firm has also expressed openness to listing cryptocurrency products once the asset class is more mature.
Nevertheless, she is also a staunch of critic of initial coin offerings (ICOs), which she says are “taking advantage” of retail investors and are plagued by a lack of transparency and regulatory oversight.
