The NASDAQ exchange group has begun preparations for the launch of a new service for storing cryptocurrencies. Estimated launch date for the second quarter of 2023 has been announced. In this respect informs Bloomberg agency.
“NASDAQ has begun preparations to launch custody services for crypto holders by the end of the second quarter of 2023. The exchange group is working to establish the necessary technical infrastructure and obtain regulatory approvals, said Ira Auerbach, head of NASDAQ Digital Assets.
The publication added that NASDAQ has filed an application with the New York City Department of Financial Services (NYSDFS) to prepare the relevant documents that the company in charge of the crypto business will need. At the same time, this project is the exchange group’s first serious entry into the cryptocurrency market.
Custody services are banking services for the custody of valuable assets such as stocks, bonds, money, precious metals and cryptocurrencies.
March 15 NASDAQ electronic exchange reported HeadHunter and Qiwi about the upcoming delisting of their securities. According to the statements published by the exchange, the delisting of securities of four Russian companies will take place on March 24.
Qiwi and HeadHunter later said they would appeal NASDAQ’s decision to delist the securities.