Monday, August 6, 2018

What impact will NASDAQ’s moves to regulate cryptocurrencies have on speeding market adoption?

Colleagues, the Cryptocurrency Academy has previously reported that Nasdaq CEO Adena Friedman anticipates that cryptocurrencies will rapidly move out of the shadows and into the mainstream of financial trading and investing on the NASDAQ … and likely other traditional financial exchanges. Nonetheless, she also sees formal regulation of Bitcoin, Ethereum, EOS, Litecoin, etc. as a vital prerequisite for crypto trading on the NASDAQ. Therefore it comes as no surprise that Friedman recently met with leaders of several leading crypto ecosystem entities. The nexus of NASDAQ and cryptos is clear: Both want legitimate and sustainable growth that is credible for traders and institutional investors alike. Bottom line: How and when with the US SEC implement a viable securities framework for cryptocurrencies? The Cryptocurrency Academy predicts that the US SEC will offer its proposed regulations for comment by the US cryptosphere within the next 12 months and then rapidly push for Congressional approval in 2020. Share your comments today! Lawrence – Cryptocurrency Academy (https://cryptocurrencyacademy.blogspot.com/

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