NYSE Would Consider Crypto Trading If Regulatory Picture Were Clearer, President Says at Consensus 2024

NYSE President Lynn Martin is open to offering crypto trading, but the lack of clear regulatory guidance is an obstacle, she says.

"If there was clear regulatory guidance , it would be an opportunity to look at," Lynn Martin said Wednesday during a panel discussion atexchange-traded funds amassing $58 billion of assets is"a strong sign" that there's demand for regulated crypto products, she added. "Five years of evolution happened in five minutes," he said."I'm really optimistic about what it means in this country. I think, just like in Europe, just like in Hong Kong, you're going to have regulators codified, 'Hey, what's your reasonable digital assets industry look like.'"

Martin said she continues to be optimistic about using blockchain technology to make financial processes more efficient and transparent, especially for less liquid assets such as municipal bonds.

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