ICYMI: Nasdaq has delivered what seems a blow to Bitcoin bulls, dealing a setback to the crypto market BTC $BTC
, reverberated throughout the crypto community, sparking mixed sentiment among investors and enthusiasts alike. Nasdaq's foray into the digital asset custodian sector was eagerly awaited, with hopes that it would pave the way for greater adoption and entice mainstream investors to venture into the space.Despite the disappointment surrounding the custodian business, the Nasdaq aims to leverage its technological prowess to enhance its capabilities in handling digital assets.
This commitment signals a silver lining amid the setback, as the exchange remains dedicated to supporting the development of the digital asset ecosystem through alternative means.The Nasdaq's CEO revealed the decision during the second quarter earnings call, underscoring the company's unwavering dedication to the crypto industry's evolution.
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