Nasdaq strengthens scrutiny of large number of crypto-holding companies

According to Foresight News, Nasdaq has stepped up scrutiny of a large number of cryptocurrency holding companies, according to The Information. Previously, some companies raised funds to purchase crypto assets, thereby improving their stock price performance. However, Nasdaq expressed concern about this behavior, believing that it could be risky of misleading investors, so he decided to strengthen regulation. At present, Nasdaq has not disclosed specific regulatory measures, but is expected to require relevant companies to disclose detailed information about their investment in crypto assets, including investment scale, strategy and possible risks. In addition, Nasdaq may conduct special reviews of companies that conduct frequent crypto asset transactions to ensure that their behavior complies with market norms.
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