Express

Sources: NASDAQ to Strengthen Review of Companies Holding Cryptocurrency

Summary: According to sources, NASDAQ is intensifying its scrutiny of companies listed on its exchange that are attempting to boost stock prices by raising funds to purchase and hoard cryptocurrency. This move by the exchange could slow down the prosperity of cryptocurrency, which is increasingly pushing more exotic tokens into mainstream markets. NASDAQ is a major ...

According to sources, NASDAQ is intensifying its scrutiny of companies listed on its exchange that are attempting to boost stock prices by raising funds to purchase and hoard cryptocurrency. This move by the exchange could slow down the prosperity of cryptocurrency, which is increasingly pushing more exotic tokens into mainstream markets. NASDAQ is a major exchange for cryptocurrency stocks, currently requiring some companies to obtain shareholder approval before issuing new shares to purchase stocks. (The Information)

Last Update:

Tags:
Link: Sources: NASDAQ to Strengthen Review of Companies Holding Cryptocurrency [Copy]

Last: NASDAQ-listed Company Robot Consulting Plans to Invest 1 Billion Japanese Yen in ETH

Next: Etherscan Expands to Sei Network, Launches Seiscan Block Explorer

The Crypto Treasury Boom Meets Regulatory Chill: Is the DAT Frenzy Fading? 4 days ago

Nasdaq Takes Aim at 'Crypto-Flipping' Companies with Stricter Rules 8 days ago

BTC Weekly Outlook: The Oversold Bounce—A Bottom or a Shorting Opportunity? 11 days ago

The Making of a Political Darling: Is Chainlink’s Government Deal a Victory for Tech or... 15 days ago

Google Steps Into Blockchain: A New Front in the “Ledger Wars” 17 days ago