News : NASDAQ Rumoured to Be Listing Cryptocurrencies by Next Year

in #news6 years ago

Hi Steemians,

The world's second biggest stock exchange by market capitalization, NASDAQ, is reportedly gearing up to list and support the trading of cryptocurrencies through a coin exchange platform. While the Cboe and CME listed cryptocurrency-based financial products in the form of Bitcoin futures back in 2017, the NASDAQ will, according to sources close to the action, list actual cryptocurrency.

The source, in a note to ICOJournal, suggested that NASDAQ will be moving quickly and work closely with regulators, explaining that:

The conversation around listing coins has centered on how they will be classified from a regulatory standpoint. As you can imagine, our leadership is closely connected to the rumbling at the SEC and CFTC around cryptos and what is expected over the next 3-6 months. Even with the longest of time frames assumed, some guidance will be provided and I expect we will act quickly...

Sources adds,

Doing the math here, look for regulatory bodies to provide guidance in Q1 of 2019, and an announcement and a ‘coin exchange’ to either be announced or launched in Q2 of 2019.

Copied from : https://www.cryptoglobe.com/latest/2018/09/nasdaq-rumoured-to-be-listing-cryptocurrencies-by-next-year/

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