Nasdaq has reportedly suspended the rollout of its own cryptocurrency custody service, which was initially scheduled for a Q2 2023 launch. The decision comes in response to regulatory uncertainty in the US, as announced by CEO Adena Friedman during the Q2 results call. However, Friedman stressed that the decision would not impede Nasdaq’s commitment to digital asset business development. He also highlighted the firm’s continued vigilance towards upcoming regulatory shifts. Unveiled in September 2022, the crypto custody project aimed to provide customers with secure storage for Bitcoin and Ether.
Source: https://cointelegraph.com
