Nasdaq Halts Plan to Launch Crypto-Custodian Business in US

(Bloomberg) -- Nasdaq Inc. said it’s halting the launch of its digital-asset custodian business in the US due to a shifting business and regulatory environment. Most Read from BloombergTesla Investor Rode a 14,800% Gain Thanks to 27-Year-Old AnalystSingapore Passport Is World’s Most Powerful, Replacing JapanA $500 Billion Corporate-Debt Storm Builds Over Global EconomyRags-to-Riches Wealth Fund Veteran Plans to Run for Singapore PresidentMeet the Billionaire Who Convinced Messi to Pick MLS Over

• 2023-07-19
• Nasdaq Bloomberg regulatory environment digital asset Adena Friedman

Correlation Between Crypto Market and Nasdaq Turns Positive Ahead of US CPI Release

Observers expect Tuesday's U.S. CPI report to show continued disinflation in the world's largest economy.

• 2023-02-13
• Nasdaq correlation technology stocks correlation coefficient negative correlation