Nasdaq Halts Plan To Launch Crypto-Custodian Business in US

Nasdaq became the latest mainstream financial firm to take a step back from digital assets, aborting its launch of a custodian business in the US due to the shifting business and regulatory environment. From a report: The exchange operator is also halting its efforts to pursue a license related to the business but will continue to build out its technology to handle crypto for clients. "We remain committed to supporting the evolution of the digital asset ecosystem in a variety of ways," including