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

Golden Finance reports that on May 7th, Nasdaq President Tal Cohen stated at the Consensus conference that the U.S. SEC’s attitude towards cryptocurrency regulation is shifting from the past “gray area is a no-fly zone” to “now you can build, scale, and experiment in the gray area without fear of crackdown.”
He believes that a more friendly, constructive, and proactive SEC is allowing market operators to regain the freedom to build blockchain infrastructure and tokenized assets. Cohen said Nasdaq is investing in “always-on” market infrastructure, tokenization, and artificial intelligence to promote the integration of traditional finance and digital asset systems.
He pointed out that interoperability between traditional platforms and digital platforms remains the industry’s biggest obstacle, as clients 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,” enabling issuers to better understand shareholders.