Lates News

As the Trump administration relaxes regulations on cryptocurrencies, Nasdaq, a major financial enterprise on Wall Street, is collaborating with US regulatory authorities to introduce tokenized securities trading. If approved, this would be the first time that tokenized securities are allowed to trade on a major US stock exchange, and it would also be Nasdaq's most aggressive attempt to introduce blockchain settlement into the national market system. Nasdaq submitted a proposal to the US Securities and Exchange Commission (SEC) on Monday suggesting adjustments to rules to allow listed stocks and Exchange-Traded Products (ETPs) to trade on Nasdaq's major market in "traditional digital or tokenized form". The SEC recently announced the agenda for rulemaking in the coming months, which includes the possible revision of rules to allow cryptocurrencies to trade on national securities exchanges and alternative trading systems.