Adena Friedman, the CEO of Nasdaq Inc., a multinational American financial service which owns and operates NASDAQ and European stock exchanges including Stockholm Stock Exchange, Iceland Stock Exchange, Armenian Stock Exchange, NASDAQ OMX Vilnius and four other exchanges announced that the company is already supporting cryptocurrency exchanges and has a technology deal with Gemini.
The CEO of Nasdaq said that the company will venture into the crypto-space once it matures and will even consider becoming a cryptocurrency exchange.
During an interview with CNBC Adena Friedman says:
“Nasdaq will definitely consider becoming a crypto-exchange… If we do look at it and say ‘it’s time, people are ready for a more regulated market’ for something that provides a fair experience for the investors.”
In addition, Adena Friedman thinks that ICOs need to be regulated and the move that was taken by the Securities and Exchange Commission [SEC] is right.
The technology deal between Nasdaq and Gemini ventures into providing Nasdaq surveillance technology for the existing regulated and rule-based marketplace.
Jiffythekid, a Redditor says:
“News like this makes me think that as long as we are moving forward…this stuff isn’t even started yet”
Hobowithmachete, another Reddit user says:
“I’m starting to put some serious money in and worried about my liquidity (planning a wedding). When I hear things like this from the CEO of NASDAQ, I’m thinking that the money I put in is marginal compared to what is to come down the road.”
“So, then what are the haters of crypto going to do if (when) that happens? You’d have to be an idiot not to at least TRY to invest in something even if it’s small dollars here and there, see where it takes you. So, then what are the haters of crypto going to do if (when) that happens? You’d have to be an idiot not to at least TRY to invest in something even if it’s small dollars here and there, see where it takes you.”
“Once it matures and if Nasdaq becomes a crypto exchange, you know prices will blow up. Just shows that if you are in crypto now, you still are an early adopter.”
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