Nasdaq Holds Secret Meeting to Legitimize Cryptocurrency

With emerging regulation and institutional solutions, Wall Street is slowly adopting cryptocurrencies as a legitimate digital asset class. On July 27, 2018, Nasdaq held a closed-door meeting with traditional exchange and cryptocurrency company executives to discuss the future of the nascent sector.

Nasdaq Assembles Crypto Round Table

Nasdaq hosted a secret meeting in Chicago with representatives from half a dozen cryptocurrency companies and traditional exchanges, reports Bloomberg July 27.

Gemini exchange co-founders, Tyler and Cameron Winklevoss attended the meeting following news that their recent Bitcoin ETF application was rejected by the U.S. Securities and Exchange Commission (SEC).

During the meeting, attendees discussed the implications of future cryptocurrency regulations and what tools and surveillance technologies would be required in the onset of regulated security token…