Nasdaq President: The SEC's new stance on cryptocurrency allows the market to be "rebuilt"

According to CoinDesk, Nasdaq President Tal Cohen stated at the Consensus conference that the U.S. SEC's attitude towards cryptocurrency regulation is changing, from the past view of "gray areas are no-fly zones" to "now we can build, scale, and experiment in gray areas without fear of being penalized."

He believes that a more friendly, constructive, and proactive SEC is allowing market operators to regain the freedom to build blockchain infrastructure and tokenize assets. Cohen mentioned that Nasdaq is investing in "always-on" market infrastructure, tokenization, and artificial intelligence, promoting the integration of traditional finance and digital asset systems.

He pointed out that interoperability between traditional platforms and digital platforms remains the biggest obstacle in the industry, as customers do not want two separate infrastructures operating in parallel. Nasdaq is testing an AI-driven matching engine simulation system for stress scenario modeling and supporting longer trading durations. Cohen believes that the essence of tokenization is to make assets "move," allowing issuers to better understand their shareholders.