#nasdaq Offers To Help ‘Legitimize’ #bitcoin
▻https://hackernoon.com/nasdaq-offers-to-help-legitimize-bitcoin-8384cf98a2ba?source=rss----3a81
Does the Bitcoin industry want/ need this help?Nasdaq Inc. is taking on the challenge of helping Bitcoin achieve legitimacy amongst regulators and institutional investors. On the heels of the SEC’s second rejection of a Bitcoin #etf proposed by the Winklevoss twins (of crypto exchange #gemini), Nasdaq held a closed door meeting with representatives from several companies, including Gemini, to discuss a plan to legitimize cryptocurrencies.Gemini has been very cooperative in trying to fix these challenges in the crypto space. In April this year, the exchange hired Nasdaq to conduct market surveillance for Bitcoin and Ether trading. They have also been active in proposing ways to create a Self-Regulatory Organization for the U.S. Virtual Currency IndustryHowever despite their cooperation, the (...)