NYSE President: If the regulation is clear, it will consider cryptocurrency trading

At Consensus 2024, Lynn Martin, president of the New York Stock Exchange (NYSE), said that the NYSE would consider offering cryptocurrency trading services if the regulatory environments for cryptocurrency trading were clearer. She noted that US-listed spot bitcoin ETFs have amassed $58 billion in assets, demonstrating strong demand for regulated crypto products.
Martin and Bullish Crypto Exchange CEO Tom Farley discussed cryptocurrency regulation, U.S. political changes, and the opportunities and limitations of blockchain technology. Farley mentioned that U.S. attitudes towards cryptocurrencies are rapidly changing, including the ouster of the Federal Deposit Insurance Corporation's (FDIC) anti-cryptocurrency chairperson, the passage of the 21st Century Financial Innovation and Technology Act (FIT21) in the House of Representatives, and Republican presidential candidate Donald Trump's support for cryptocurrencies.
In addition, the Chicago Mercantile Exchange (CME) plans to launch spot cryptocurrency trading. Farley said that while blockchain technology promises to improve the efficiency of financial processes, regulators' skepticism of public blockchains could push traditional financial firms to develop private blockchains.