Nasdaq needs clear regulations to launch crypto exchange VP

Cointelegraph

Published Oct 05, 2022 05:56AM ET

Updated Oct 05, 2022 08:00AM ET

Nasdaq, the United States stock exchange, has no immediate plans of launching a crypto exchange until there’s better regulatory clarity from policymakers, said Tal Cohen, the company’s executive vice president.

In an interview with Bloomberg, Cohen said that the retail side of the crypto market is fairly saturated and there are enough crypto exchanges catering to the needs of retail investors. He added that his firm would continue its focus on crypto custody services that were launched on Sept. 20.

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