Fun

News Feed - 2023-07-19 10:07:59

Helen Partz10 hours agoNasdaq halts launch of cryptocurrency custody serviceNasdaq said it remains committed to digital asset business development and will be monitoring market events in the near future.6293 Total views18 Total sharesListen to article 0:00NewsJoin us on social networksGlobal securities marketplace Nasdaq is halting the launch of its own cryptocurrency custody that it previously planned to roll out by the end of the second quarter of 2023.


It suspended the launch because of regulatory risks in the United States, CEO Adena Friedman announced during the firm"s Q2 results call.


“This quarter, considering the shifting business and regulatory environment in the United States, we have made the decision to halt our launch of the U.S. digital assets custodian business and our related efforts to pursue relevant license,” Friedman stated.


The Nasdaq CEO emphasized that the company remains committed to digital asset business development, stating:“We continue to build and deliver technology capabilities that position Nasdaq as a leading digital assets software solutions provider to the broader global industry. This includes advancing our custody solution as a technology platform to serve the broader, global digital assets marketplace.”


Friedman also added that Nasdaq will closely monitor the market for potential regulatory events in the coming months.


Nasdaq initially announced its crypto custody project in September 2022. The firm had planned to launch an official division allowing customers to safely store Bitcoin (BTC) and Ether (ETH).


Related:Valkyrie ‘BRRR’ spot Bitcoin ETF enters SEC’s Nasdaq rulemaking list


As of March 2023, the company had been moving forward with the plan, targeting a launch by the end of July.


The news comes as major cryptocurrency firms are also working to list spot Bitcoin exchange-traded funds (ETF) on the Nasdaq exchange. The United States Securities and Exchange Commission is currently considering two spot Bitcoin ETF proposals under Nasdaq Rule 5711.


This is a developing story, and further information will be added as it becomes available.


Magazine:NFT Collector: Interactive NFTs the future for sport, Vegas Sphere excites# Bitcoin# Cryptocurrencies# Business# Nasdaq# Technology# InvestmentsAdd reactionAdd reactionRelated NewsHow to buy NFTs without owning crypto5 free data set sources to use for data science projectsBitcoin mining is becoming more environmentally friendlyWall Street giants back EDX Markets, a new cryptocurrency exchangeCrypto payment solution Ramp expands on-ramp service, adds support for 40 fiat currenciesBitGo terminates acquisition of Prime Trust

News Feed

Online Lender SoFi to Launch Bitcoin and Ethereum Trading Next Week
Online lender SoFi announced its crypto trading platform will go live next Tuesday. Bitcoin, ethereum and litecoin will be the first digital assets available to trade on its SoFi In
South Africa Bitcoin Heist: Court Grants Liquidators Authority to Track Missing Africrypt Investor Funds
South Africa Bitcoin Heist: Court Grants Liquidators Authority to Track Missing Africrypt Investor Funds A South African court has granted liquidators of the col
Economists Say Fed Could Shrink Balance Sheet in 2023, Critics Insist Central Bank Hasn’t Reduced QE at All
Economists Say Fed Could Shrink Balance Sheet in 2023, Critics Insist Central Bank Hasn"t Reduced QE at All With inflation soaring in the U.S., economists from monetary policy anal
Turner Wright4 hours agoProposed gag order in SBF’s criminal case under review, citing attempt to ‘influence public opinion’The proposal followed a complaint filed by U.S. authorities alleging Sam Bankman-Fried had
Marathon Digital mines $16M in Kaspa to diversify from Bitcoin
Brayden Lindrea8 hours agoMarathon Digital mines $16M in Kaspa to diversify from BitcoinMarathon is looking to “capitalize on higher margins” possible with Kaspa mining — but one executive stressed the firm is in n
Elementus Raises $10 Million to Bring Clear Blockchain Analytics to Institutional Customers
Elementus Raises $10 Million to Bring Clear Blockchain Analytics to Institutional Customers Elementus, a New York-based blockchain firm, has raised $10 million as part of its Serie
Kazakhstan Mulls Nuclear Power to Deal With Electricity Shortages Blamed on Crypto Miners
Kazakhstan Mulls Nuclear Power to Deal With Electricity Shortages Blamed on Crypto Miners The government in Kazakhstan is considering building a nuclear power plant to overcome an
Dogecoin Activity Levels Crash To 4-Month Lows, Does This Spell Doom For The Meme Coin?
Este artículo también está disponible en español. Crypto analyst Ali Martinezhas revealed a bearish on-chain metric for Dogecoin, sparking a negative outlook for the fore
Network-Attached Storage (NAS) Devices Infected by Bitcoin-Mining Malware
Network-Attached Storage (NAS) Devices Infected by Bitcoin-Mining Malware A Taiwanese hardware company has warned its clients about a targeted crypto mining atta
LUNA, UST Move Closer to Zero, as Do Kwon Asks Holders to ‘Stay Strong’
LUNA, UST Move Closer to Zero, as Do Kwon Asks Holders to "Stay Strong" Do Kwon has urged holders of LUNA to “stay strong,” as the price moves ever closer to zero. Fo
Derek Andersen9 hours agoFranklin Templeton files for spot Bitcoin ETFSeveral prominent financial institutions have filed for spot Bitcoin products in recent months.6353 Total views24 Total sharesListen to article 0:00Ne
Cathie Wood’s ARK resumes Coinbase buying as BTC drops below $50K
Helen Partz1 hour agoCathie Wood’s ARK resumes Coinbase buying as BTC drops below $50KARK Invest is back to buying the Coinbase stock after a long selling period. On Aug. 5, ARK bagged 28,632 COIN shares for $5.4 milli