Nasdaq Pull Back Dia Crypto Trading Style Amid SEC Eyeing, Make Institutional People Wait
Nasdaq don kpaksa im plan for crypto trading wey e carry go give U.S. Securities and Exchange Commission (SEC). Di plan na to make am easy for big big money company dem to trade crypto and digital assets for way wey government control. Before, Nasdaq don yan say dem need beta rules wey clear, and tell SEC make dem see some digital assets like securities with clear clear rule. Di reason wey dem kpaksa di plan show say government rules for U.S. still no clear and dem dey watch market strong strong, especially as SEC dey try explain wetin memecoins and stablecoins be. People wey sabi market talk say because SEC no give clear guide and government dey watch well well na why dem kpaksa am. This move fit make am slow for big company dem to start trading crypto for Nasdaq, show say di rules palava still dey and say other plan like dis fit face wahala until rules clear. Dis matter show say U.S. crypto rules get kasala and e dey change, and e dey affect both big and small investors.
Bearish
Nasdaq wey comot im plan for digital asset trading framework just show say regulatory kasala still dey ground and SEC dey eye crypto sector for US well well. Dis one go delay as traditional money institutions suppose enter crypto trading for big exchange, wey go slow down how institutions go adopt am fast fast. As regulators no get clear rules, market people go fear more and e fit bad for short and medium-term trading volumes plus how people feel, especially for assets wey dey find approval from big institutions. Even though wetin go happen long-term depend on how clear the rules go be later, for now, e be bad sign for traders wey dey expect main road people to enter and market to grow.