The leading stock exchange – Nasdaq Inc. – has paused its intentions to launch cryptocurrency custody services due to “the shifting business and regulatory environment in the US.”
Several individuals, such as Coinbase’s CEO – Brian Armstrong – and Circle’s boss – Jeremy Allaire – have criticized the American watchdogs for their approach toward the digital asset industry, claiming it could push investors and capital abroad.
Change of Plans
The global exchange group made the headlines in March this year, revealing it will release cryptocurrency custody services (after receiving the necessary license) by the middle of the year.
However, Nasdaq’s CEO Adena Friedman said earlier this week that the entity will not go forward with that plan, citing factors like the regulatory conditions in the States:
“Considering the shifting business and regulatory environment in the US, we’ve made the decision to halt our launch of the US digital assets custodian business and
We współpracy z: https://cryptopotato.com/nasdaq-puts-its-crypto-custody-plans-on-hold-citing-the-us-regulatory-environment/
