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Title: Nasdaq is open to becoming cryptocurrency exchange, CEO says Post by: hugeblack on April 25, 2018, 06:10:08 PM Quote from: https://www.cnbc.com/2018/04/25/nasdaq-is-open-to-becoming-cryptocurrency-exchange-ceo-says.html Regulation is must but Nasdaq is open to becoming a platform for cryptocurrencies like bitcoin. Certainly Nasdaq would consider becoming a crypto exchange over time," "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." Nasdaq CEO Adena Friedman told CNBC's Squawk Box Wednesday. Do you think stock markets will fall like dominoes in the acceptance of Bitcoin? What is the regulation demanded by the stock markets? Can it be implemented? Title: Re: Nasdaq is open to becoming cryptocurrency exchange, CEO says Post by: lizardbtc on April 25, 2018, 06:13:49 PM Do you think stock markets will fall like dominoes in the acceptance of Bitcoin? What is the regulation demanded by the stock markets? Can it be implemented? Honeslty of course their are looking into crypto since it can make them huge chunk of money in the long run. Honestly I do believe stocks will exist in the future, they might do the transaition from being stocks to being lets say tokens on ethereum or soemthing simmilar but they will surly survive. As many yung people are more likley to go and buy crypto than stocks, we could look that stocks are getting old now. I am not sure regarding regulation there honestly. Title: Re: Nasdaq is open to becoming cryptocurrency exchange, CEO says Post by: mindrust on April 25, 2018, 06:17:51 PM Soon crypto exchanges will overtake stock exchanges. Companies will be bulding up their own blockchains and they'll be selling their shares on a crypto exchange, instead of a stock exchange. Just like binance and kucoin do.
Nasdaq was wise by deciding to be an early adopter. Crypto won't stop till it absorbs everything from the old world. Title: Re: Nasdaq is open to becoming cryptocurrency exchange, CEO says Post by: gentlemand on April 25, 2018, 06:19:02 PM All they're saying is if crypto sorts its shit out they might consider making it available through their platform some day. Who knows what that would entail and how long it would take? Hard to come up with a much more generalised statement really.
It's better than saying never, but it's not exactly in the bag. Crypto markets behave much closer to forex markets. They'd be better off starting up a new operation. Title: Re: Nasdaq is open to becoming cryptocurrency exchange, CEO says Post by: mlgblockchain on April 25, 2018, 06:22:25 PM To be honest I don't think it's a good news if a new crypto coin or crypto currency comes to the world. There are already too many of them. Yes we know the share market is old now and crypto market has turned into some kind of share market or stock market. But everybody has forgotten that these are currency, currency is a big thing. We are losing the respect for the currency.
Title: Re: Nasdaq is open to becoming cryptocurrency exchange, CEO says Post by: Clement Kaliyar on April 25, 2018, 06:28:06 PM Nasdaq was wise by deciding to be an early adopter. Crypto won't stop till it absorbs everything from the old world. Nasdaq have not decided to start a crypto exchange now but they are open to that and thy might open that at a later time and if that happens its a good thing and with regulations being implemented and a few years from now, how huge the market would be and being an early investor is just a privilege we hold because of the opportunities we have in this market to invest when it all started. |