Nasdaq is pushing for fairer regulations in the crypto market, urging the SEC to apply consistent rules across all trading platforms.
The exchange operator wants national stock exchanges, broker-dealers, and alternative trading systems to have equal opportunities to trade both security and non-security digital assets.
Recently, Nasdaq representatives sat down with the SEC’s crypto task force to discuss the future of digital asset regulations. In a letter addressing the matter, the company emphasized the need for regulatory clarity and urged the SEC to set a firm deadline for any temporary allowances granted to crypto trading platforms.
Nasdaq’s interest in crypto dates back to 2022, when it announced plans to offer custody services for digital assets. However, those plans were abandoned a year later due to shifting regulatory conditions. Despite this setback, Nasdaq has hinted that it may still consider launching a crypto exchange, depending on how the regulatory landscape evolves.
Nasdaq is not alone in seeking clearer guidelines. Other industry leaders, including venture capital firms like Andreessen Horowitz and Multicoin Capital, along with advocacy groups such as the Blockchain Association, have also engaged with the SEC’s crypto task force. Their discussions highlight the growing demand for a structured and transparent approach to digital asset regulation.
The European Union has granted approval to 10 companies, allowing them to issue stablecoins under the new Markets in Crypto-Assets (MiCA) framework.
The collapse of Argentina’s Libra token has reignited debates over the need for stronger regulatory frameworks around memecoins.
A top official from the U.S. Federal Reserve is pushing for new legislation that would allow traditional financial institutions to issue stablecoins backed by the U.S. dollar.
Tether, the company behind the largest stablecoin, is actively engaging with U.S. lawmakers as discussions around stablecoin regulation gain momentum.