Today CNBC quoted Adena Friedman, the CEO of Nasdaq when she said that Nasdaq would definitely be considering adding cryptocurrency to their exchange. Although there are no imminent plans to do so, Friedman said that it is something that is a future option. She went on to say that when the public and market are ready for it then Nasdaq will do it.
Of course, the timeline of that roll-out would also depend on government regulations. In the meantime, the US SEC has been taking a much closer look at, and is highly likely to craft, cryptocurrency regulations for everything from Initial Coin Offerings, to currency Exchanges, and even cryptocurrency wallets.
While Nasdaq is waiting for those conditions to mature, Nasdaq continues to provide software and programmatic support for other pure-play cryptocurrency exchanges. Nasdaq has decades of experience with technology, such as trade surveillance, and it works with the Gemini exchange, to help them ensure that their trades are fair.
If and when the Nasdaq adds cryptocurrency to its exchange, it will give a huge boost to the legitimacy of bitcoin and cryptocurrencies. This will also probably bring mainstream adoption of these digital currencies into everyone’s grasp – if the market doesn’t beat Nasdaq to it.
Read the full CNBC article here
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