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 U.S. Securities and Exchange Commission’s (SEC) crypto task force, led by Commissioner Hester Peirce, is continuing its behind-the-scenes engagement with digital asset firms as the agency weighs new approaches to crypto regulation.
In a major policy shift, the Federal Reserve announced on Thursday that it will no longer require state-chartered member banks to notify the central bank before engaging in crypto-asset activities.
A new report by the Bank for International Settlements has reignited the clash between traditional financial authorities and the crypto world.
Federal Reserve Chair Jerome Powell has hinted that U.S. banks may soon see more flexibility when it comes to handling digital assets—a notable shift from the cautious approach regulators have maintained in recent years.