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Nasdaq 'Would Consider' Creating a Crypto Exchange, Says CEO (coindesk.com)

Posted by msmash on from the no-beating-around-the-bush dept.

The CEO of Nasdaq suggested Wednesday that the company could open a cryptocurrency exchange in the future. From a report: The subject came up in an interview with CNBC, during which CEO Adena Friedman expressed openness to the idea. "Certainly Nasdaq would consider becoming a crypto exchange over time," Friedman remarked, adding: "If we do look at it and say 'it's time, people are ready for a more regulated market,' for something that provides a fair experience for investors... I believe that digital currencies will continue to persist it's just a matter of how long it will take for that space to mature. Once you look at it and say, 'do we want to provide a regulated market for this?' Certainly Nasdaq would consider it."

3 of 38 comments (clear)

  1. Who wouldn't want to be an exchange? by OrangeTide · · Score: 4, Insightful

    Being an exchange is zero risk, and you get a slice of all the action. No need to worry about the latest mining hardware, or losing your shirt in the wildly unstable cryptocurrency market.

    --
    “Common sense is not so common.” — Voltaire
  2. Once NASDAQ involved by sinij · · Score: 3, Funny

    Maybe we can push more ICOs. Lets also repackage these ICOs into derivatives and roll them into every security that is being sold. Then gamble on futures using hedge funds with borrowed money.

    What could possibly go wrong?

  3. Step 4 by Aaden42 · · Score: 4, Funny

    Nasdaq "would consider" selling your grandma into slavery if it were deemed profitable and the the regulatory environment shifted / was purchased appropriately.