Nasdaq Tightens Rules on Crypto Investments for Companies Listed on the Exchange

Nasdaq, a major stock market operator, has announced stricter regulations surrounding how publicly traded companies engage with cryptocurrency. This move aims to prevent companies from using capital raised through traditional means to artificially inflate their stock prices, thereby protecting investors and maintaining market integrity. The new rules require companies seeking to fund crypto purchases through the issuance of new stock to obtain explicit shareholder approval. This significant shift underscores a broader industry trend towards greater accountability in the world of digital assets.