Nasdaq will strengthen scrutiny of crypto-holding companies
Source: Odaily
Time: 2025-09-04 21:02:08
Odaily Planet Daily News According to people familiar with the matter, Nasdaq is stepping up scrutiny of its exchange-listed companies that try to push up stock prices by raising funds to buy and hoarding cryptocurrencies. The exchange's moves could slow the cryptocurrency boom, which is pushing more and more fancy tokens to mainstream markets. Nasdaq is the vast majority of cryptocurrency stock exchanges, and currently requires some companies to obtain shareholder approval before issuing new shares to buy shares. (The Information)