Informed sources: Nasdaq will strengthen its scrutiny of companies holding cryptocurrencies

ChainCatcher news, according to informed sources, Nasdaq is tightening its scrutiny of the listed companies on its exchange that are attempting to raise funds to buy and hoard cryptocurrencies to boost their stock prices. The exchange's initiative may slow down the cryptocurrency boom, which is pushing an increasing number of exotic tokens into the mainstream market. Nasdaq is the exchange for the vast majority of cryptocurrency stock trading and is currently requiring some companies to obtain shareholder approval before issuing new shares to purchase stocks.