NasdaqPushesBack

🚨🚨 #NasdaqOnCrypto 🚨🚨
UPDATE: Nasdaq Urges SEC—Crypto Needs Clear Rules Now
Nasdaq has submitted a detailed 23-page letter to the SEC, delivering a strong message: crypto regulation needs clarity, not chaos.
Here’s the key breakdown:

📢 Call for Action, Not Delay
Nasdaq is pressing the SEC to move faster in creating a structured regulatory framework for digital assets, arguing that crypto can integrate into traditional markets with proper classification and oversight.

🧩 A 4-Tier Crypto Asset Model
Nasdaq proposes sorting digital assets into four categories:

1. Tokenized Stocks & Bonds (treated like regular securities)

2. Digital Asset Investment Contracts (refined under a clearer Howey test)

3. Digital Commodities (like Bitcoin and Ethereum—handled by the CFTC)

4. Other Digital Assets (those outside the first three groups)

⚖️ New Regulatory Status for Crypto Platforms
They recommend a "crossover trading designation" for exchanges dealing with multiple types of digital assets—a move aimed at maintaining legal and secure operations.

🛡️ Focus on Investor Protection
Nasdaq highlights the need for strict oversight of vertically integrated crypto firms, emphasizing accountability and minimizing risk across the board.

Bottom line: Nasdaq is turning up the heat on the SEC to end the uncertainty and lay the groundwork for responsible crypto innovation in U.S. markets.

#CryptoRegulation #NasdaqPushesBack #BinanceAlphaPoints #TariffPause