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Nasdaq
Nasdaq Must Weigh Reputational Risks Amid Other 'Less Than Sterling' Crypto Players: Legal Expert
Howard Fischer, Moses Singer partner and former SEC senior trial counsel, weighs in on Nasdaq dropping its plans for a crypto custody service. Fischer notes the stock market operator may have considered the potential concerns over its reputation when analyzing how certain players are operating within the digital asset industry, citing the blowup of crypto exchange FTX.

Legal Expert on Nasdaq Pausing Crypto Custody Plans, SEC Chair Gensler's Testimony
Nasdaq CEO Adena Friedman said in an earnings call on Wednesday that the firm is dropping its plans for a crypto custody service due to a "shifting" regulatory climate in U.S. Moses Singer partner and former SEC senior trial counsel Howard Fischer joins "First Mover" to discuss the stock market operator's decision and his reaction to SEC Chair Gensler's recent testimony before lawmakers.

Nasdaq Pauses Plan for Crypto Custody Service; Dogecoin Pops on Elon Musk Tweet
“CoinDesk Daily” host Jennifer Sanasie breaks down today’s hottest headlines in crypto, as the Nasdaq halts its plans for a crypto custody service. Presidential hopeful Robert F. Kennedy Jr. wants to exempt bitcoin (BTC) from capital gains taxes when it is converted into U.S. dollars. And, Tesla CEO Elon Musk tweets about his fondness for a popular dog-themed cryptocurrency.

Nasdaq Drops Plan for Crypto Custody Service Due to 'Shifting' Climate in U.S.
Nasdaq CEO Adena Friedman said in an earnings call on Wednesday that the firm is dropping its plans for a crypto custody service, which was slated to go live in the second quarter of this year. "The Hash" panel discusses the stock market operator's decision amid Friedman called a "shifting business and regulatory environment" in the U.S.

Nasdaq Halts Plan for Crypto Custody Service Due to U.S. Regulatory Conditions
The stock market operator had said in March that it was putting together infrastructure and regulatory approval for the custodian service.

BlackRock’s Bitcoin ETF Application Takes Surveillance to the Next Level
An Information-Sharing Agreement, which appears to be absent from public spot Bitcoin ETF filings, compels a crypto exchange to share trading data up to and including personal information such as a customer’s name and address.

Bitcoin Bulls Getting Ready for Seasonal Surge: Matrixport
The Nasdaq exchange has refiled its application to list BlackRock's proposed spot bitcoin ETF, joining rivals in naming Coinbase as its surveillance-sharing partner. Matrixport Head of Research and Strategy Markus Thielen discusses what to make of the ETF race and his crypto markets outlook for July, explaining why bullish bitcoin investors could be preparing for a "seasonal surge." Plus, what to expect from the Fed's June meeting minutes.

Crypto Traders Cautious on Bitcoin as Fiat Liquidity Measures Point Lower
It would be unusual for bitcoin to stay bullish when fiat liquidity measures are pointing lower, one portfolio manager said.

BlackRock Bitcoin ETF Application Refiled, Naming Coinbase as ‘Surveillance-Sharing’ Partner
Refiled application by Nasdaq to list a BlackRock bitcoin ETF follows a report last week that the SEC deemed earlier proposals "inadequate" since they didn't specify the name of the underlying market in so-called surveillance-sharing agreements.

Crypto ATM Operator Bitcoin Depot's Stock Rises 12% in Stock Debut
BTM shares closed on Monday at $3.61, an increase of nearly 12% on GSRM's closing price on Friday.
