Nasdaq Establishes Crypto Unit — Sees Increased Demand for Digital Assets Among Institutional Investors – Finance Bitcoin News

  • 📰 BTCTN
  • ⏱ Reading Time:
  • 62 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 28%
  • Publisher: 51%

United States News News

United States United States Latest News,United States United States Headlines

Nasdaq has established a crypto unit, citing increased demand for digital assets among institutional investors. cryptocurrency bitcoin ether nasdaqdigitalassets

Ira Auerbach, who ran prime broker services at cryptocurrency exchange Gemini, will lead the new unit. Nasdaq’s offering is subject to regulatory approval in applicable jurisdictions.

Adena Friedman, president and CEO of Nasdaq, explained: “Nasdaq Digital Assets builds upon the successful solutions we have introduced in recent years to serve the digital assets ecosystem, including marketplace technology for digital asset exchanges, crypto-native anti-financial crime offerings, and crypto-related index solutions for tradable products.

Nasdaq also announced Tuesday the expansion of its “anti-financial crime technology with new capabilities and coverage for the cryptocurrency ecosystem.”Through its Verafin and Surveillance product offerings, Nasdaq has launched a comprehensive suite of crypto-specific detection capabilities. The new tools will allow the company “to effectively mitigate risks and provide continuous monitoring of anti-money laundering, fraud detection, and market abuse across traditional and digital assets, fiat and crypto, and on- and off-chain activities,” the announcement notes.

“As the world of digital assets evolves and converges with traditional finance, it is crucial to provide the necessary portfolio of technology solutions designed to safeguard participants across the financial ecosystem,” said Jamie King, head of Anti-Financial Crime at Nasdaq.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 531. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Very bullish! Wonder how many news like this will be published in the next couple of months that can turn the whole market in hot mode 😁

Wellcome on the world

goexpoverse goexpoverse Ice cold crypto-winter or not? What you think?

TridentProtocol DeFi bsc bscgem YieldFarming this is an original project with a good rating and a clear and impressive concept. this is a really cool and innovative project in the future including projects like this one.

Cool, I only listen to ChiefraFba for signals!

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

3 Stocks To Watch This Week: Costco, Fedex, General Mills | Investing.comStocks Analysis by Haris Anwar/Investing.com covering: Nasdaq 100, S&P 500, FedEx Corporation, General Mills Inc. Read Haris Anwar/Investing.com's latest article on Investing.com What’s ur thoughts? And with FedEx results.. “Fed will become ex of many traders / investors” 🤣🤣 I offer live 24/7 Crypto support! Buy,sell,exchanges,dex. Live support on WhatsApp or Skype! Even for people who don't understand how it works: what a blockchain is? how to store offline your coins in wallet,metamask... for maximum security. Italian&english speaking.
Source: Investingcom - 🏆 450. / 53 Read more »

This stock is 'one of the greatest leading indicators' of market direction. Here's what it's saying now.Zoom has been a “poster child” for stocks hitting new lows on the Nasdaq Composite. But it’s also “one of the greatest leading indicators of where the market is going overall,” said Michael Kramer, the founder of Mott Capital Management. Lol
Source: MarketWatch - 🏆 3. / 97 Read more »