Nasdaq Intensifies Oversight of Cryptocurrency-Holding Listed Companies, Impacting Stock Prices

According to a report by The Information on the 4th, Nasdaq is strengthening its regulatory framework for U.S. listed companies that raise funds with the intention of accumulating cryptocurrencies. As more U.S. listed companies adopt cryptocurrency financial strategies, the exchange has tightened its regulations. Following this news, Bitcoin experienced a sudden drop, recording a decline of 1.6% from the previous day.

The new regulatory framework includes mandatory shareholder voting and detailed disclosure requirements for some fundraising projects. Measures such as trading suspensions and delisting are also being considered for companies that violate compliance, according to insider information.

In response to this announcement, several cryptocurrency-holding companies (...)