NYSE President: We'll Consider Crypto Trading with Clear Regulatory Guidance

IconCryptoNewsTerminal Staff29 May, 2024

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NYSE President: We'll Consider Crypto Trading with Clear Regulatory Guidance

The New York Stock Exchange (NYSE) is open to offering crypto trading services but the lack of clear regulatory guidance is a hurdle, according to NYSE President Lynn Martin. "If we had clear regulatory guidance in the U.S., we would look at it," Martin said during a Consensus 2024 panel discussion, as reported by Coindesk. Martin added that the huge demand for regulated crypto products is evident in the $58 billion of assets that flowed into a spot Bitcoin ETF. "The market wants regulation of these structures," she said.