Bloomberg: Nasdaq may wait for regulatory clarity before launching a cryptocurrency exchange

ChainCatcher news, Nasdaq Executive Vice President and Head of North American Markets Tal Cohen stated that Nasdaq may wait until the regulation of cryptocurrency exchanges is clearer and more widely adopted by institutions before launching its own cryptocurrency exchange.
Tal Cohen added, "The market serving retail customers is already quite saturated, and Nasdaq will focus on its crypto custody services because if you can properly safeguard people's assets, they will trust you, laying the groundwork for various business operations in the future."
According to previous reports, Nasdaq Executive Vice President Tal Cohen mentioned that while Nasdaq does not have immediate plans to launch a cryptocurrency exchange, it will assess opportunities based on the regulatory environment and competitive landscape. (Source link)