Nasdaq has announced its plans to reuse the <a href="https://newslinker.co/category/technology/" data-wpel-link="exclude">technology</a> developed for its previously halted cryptocurrency initiative in a strategic move. After abandoning its crypto custody business earlier this year in the US, Nasdaq is preparing to leverage this advanced technology to enter emerging markets, with a particular focus on carbon. 
Nasdaq’s co-president Tal Cohen shared his views in an interview with Bloomberg, stating that the exchange operator aims to offer its crypto technology as a comprehensive technology service. 
<img loading="lazy" decoding="async" loading="lazy" class="wp-image-288517 size-full aligncenter" src="https://coin-turk.com/wp-content/uploads/2023/12/nasdaq-cointurk.png" alt="" width="1920" height="1080"> 
The redesigned platform aims to serve not only digital assets but also as an enterprise-level solution for emerging markets such as carbon. 
Cohen emphasized Nasdaq’s commitment to enhancing the capabilities of the technology, highlighting its potential to empower a variety of markets beyond digital assets. This move comes amidst Nasdaq’s active participation in developing markets and its determination to navigate changing regulatory environments. 
The decision to reuse crypto technology underscores Nasdaq’s ability to adapt to regulatory challenges surrounding digital assets. Earlier this year, Nasdaq signalled a cautious retreat focused on technological innovation by deciding to halt its pursuit of a license for the crypto custody business. 
Cohen stated that Nasdaq is open to collaborating with lawmakers to enhance the region’s appeal for market listings. In particular, Nasdaq aims to participate in discussions to foster a more attractive environment for ventures seeking to go public in Europe, where regulatory complexities and structural issues persist. 
As Nasdaq strategically reorganizes its technological strength, the financial sector will closely monitor the exchange operator’s entry into carbon markets and other emerging sectors. This move reflects Nasdaq’s agility in adapting its advanced solutions to meet evolving market demands and regulatory dynamics. 
The revival of a previously halted initiative could be interpreted as a sign of changing perspectives towards crypto technology. New approaches from traditional markets are significant for the expansion of the cryptocurrency field into different sectors. It remains to be seen what steps Nasdaq, the world’s second-largest exchange, will take in the coming days to surprise the cryptocurrency field. Continue Reading: <a href="https://en.coin-turk.com/nasdaqs-innovative-crypto-technology-strategy/" data-wpel-link="internal">https://en.coin-turk.com/nasdaqs-innovative-crypto-technology-strategy/</a>

Nasdaq’s Innovative Crypto Technology Strategy

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