Nasdaq President: SEC's new stance on crypto allows market "reconstruction"

CoinFeed reported on May 7th, citing CoinDesk, that Nasdaq President Tal Cohen stated at the Consensus conference that the U.S. SEC's attitude towards crypto regulation is shifting, moving from a past view that "the gray area is a no-fly zone" to one where "you can now build, scale, and experiment in the gray area without fear of repercussions." He believes a more friendly, constructive, and proactive SEC is giving market operators the freedom to build blockchain infrastructure and tokenized assets again. Cohen stated that Nasdaq is investing in "always-on" market infrastructure, tokenization, and artificial intelligence, driving the integration of traditional financial and digital asset systems. He pointed out that interoperability between traditional and digital platforms remains the biggest obstacle in the industry, as customers do not want two independent infrastructures operating in parallel.