The chief executive officer of Nasdaq, Adena Friedman, discussed cryptocurrency and blockchain, among a number of subjects, in an interview with CNN. In the interview, Mrs. Friedman expressed bullish optimism for the future of cryptocurrency.
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Nasdaq CEO Bullish on Cryptocurrency
In the interview with CNN, Mrs. Friedman offered optimism regarding the future of cryptocurrencies, stating “Do I think digital currency plays a role in the economy of the future, I think the answer is probably yes.” Mrs. Friedman added, “How it evolves and which of the cryptocurrencies may or may not be the one that ultimately gets embraced, I think that really the jury is still out on that.”
“But I do think the idea of a more globalized payments mechanism that’s more efficient than what we have today, that allows money to transfer cross country, and […] support[s] the internet economy,” said Mrs. Friedman. “It feels like it’s the right next step in the space of currency”
“It’s Virtual Cash, That’s the Great Thing About […] Cryptocurrencies” – Nasdaq CEO, Adena Friedman
Mrs. Friedman described bitcoin and cryptocurrencies as being highly amenable to contemporary settlement processes at all levels of society, stating “We pay all of our service providers through this electronic means of transferring cash, and we are fine with it. The whole world is changing around payments and it’s going to be fascinating to see where it goes.”
Despite her optimism, Mrs. Friedman emphasized regulatory uncertainty as comprising “the major issue” surrounding cryptocurrencies, stating “Are the governments going to start to embrace it, or are they still going to have it sit outside the realm of their oversight. That’s the real question.”
