Nasdaq hosts secret meeting to discuss crypto in Chicago

  • July 31, 2018
  • 5:15 am ET

Image via Nasdaq

In an effort to validate cryptocurrency’s potential role in global markets, Nasdaq hosted a closed-door meeting in Chicago last week to discuss crypto regulation and ways the industry could improve the overall image of crypto.

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In an effort to validate cryptocurrency’s potential role in global markets, Nasdaq hosted a closed-door meeting in Chicago last week to discuss crypto regulation and ways the industry could improve the overall image of crypto.

Bloomberg, who first covered the meeting, reported that attendees included representatives from traditional exchanges as well as Gemini crypto exchange co-founders Tyler and Cameron Winklevoss.

Earlier in the year, the Winklevoss twins hired Nasdaq to conduct market surveillance for Bitcoin and Ether trading and have recently been in the news when they were snubbed by the SEC in an effort to herald the first Bitcoin ETF.

Nasdaq President and CEO Adena Friedman

Image via Twitter

In a Boss Files Podcast, released on May 7, 2018, Nasdaq President and CEO Adena Friedman expressed her opinion on digital currencies:

“I do think the idea of a more globalized payment mechanism that is more efficient than what we have today allows for money to transfer across countries and certainly supports the Internet economy.”

In the interview, Friedman stated that she doesn’t necessarily expect blockchain technology to transform the financial system overnight. She’s also been critical of ICOs in the past but has recently hinted at the possibility of a Bitcoin futures product which further solidifies the fact that crypto is here to stay.

The result of the closed-door meeting in Chicago is unclear, but Bloomberg’s unnamed source said there will be an ongoing dialogue among the participants and that this will not be the last meeting of its kind.


Via Bloomberg • h/t CCN

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