NYSE President: If US regulation becomes clearer, we will consider providing cryptocurrency trading services

Odaily News Lynn Martin, president of the New York Stock Exchange (NYSE), said at the 2024 Consensus Conference that if the U.S. regulatory environment is clearer, the NYSE will consider providing cryptocurrency trading services. Martin said that the U.S. Bitcoin spot ETF has accumulated $58 billion in assets since its listing, showing the strong market demand for regulated crypto products. Martin also said that she remains optimistic about using blockchain technology to improve the efficiency and transparency of financial processes, especially for less liquid assets such as municipal bonds. (CoinDesk) Earlier news, the Chicago Mercantile Exchange Group (CME Group), the world's largest futures exchange, plans to launch Bitcoin spot trading. Three people familiar with the matter revealed that CME has discussed with traders who want to buy and sell cryptocurrencies on regulated markets. The plan has not yet been finalized, and if implemented, it will mark a further intrusion of major Wall Street institutions into the digital asset industry. CME declined to comment.