NASDAQ Analytics Hub - One Small Step for Man … One Giant Leap for Cryptocurrency Trading?

Colleagues, the Cryptocurrency Academy has closely tracked and reported on the NASDAQ’s interest in trading cryptocurrencies. Therefore, it comes as no surprise that CEO Adena Friedman was recently quoted by Ethereum World News that is now beta testing a Crypto Pricing Prediction Model, which would become part of the exchanges’ Analytics Hub. Moreover, Friedman is on record as stating NASDAQ would “consider becoming a crypto exchange over time.” We believe there are two fundamental issues standing between the NASDAQ and its implementation of full-blown crypto trading services: Security and Regulation. The global crypto ecosystem has been wrought with security breaches on all sides during the past two years. Moreover, the US SEC has been sending mixed signals with regard to its consideration of cryptocurrencies (and related ETFs) as financial “securities”. Security threats and lack of regulatory clarification notwithstanding, we believe NASDAQ’s drive to be on the bleeding edge of financial innovation will lead it to provide crypto trading and exchanges services within 12-24 months. Send us your thoughts today! Lawrence – Cryptocurrency Academy (https://cryptocurrencyacademy.blogspot.com/)