The New York Stock Exchange (#NYSE ) is considering cryptocurrency trading if regulatory clarity improves in the US. NYSE President Lynn Martin said at Consensus 2024 that demand for regulated cryptocurrency products is growing, as evidenced by $58 billion in spot #Bitcoin #ETF inflows.
Martin and Bullish CEO Tom Farley discussed changes in US cryptocurrency policy, including regulatory changes and policy support. They are optimistic about the future progress of regulatory clarity, regardless of the outcome of the presidential election.
Martin emphasized the importance of blockchain technology for increasing the efficiency and transparency of financial processes. Farley noted that regulators still do not trust public blockchain networks, which is holding back the mass migration of traditional assets to digital platforms.