Nasdaq Holds Closed Door Event to Discuss Policing Crypto

The road to shaking its history of shady transactions and fraud is proving long for cryptocurrencies, but Nasdaq Inc. thinks it can help get the industry on the path to legitimacy.

It hosted a closed-door meeting earlier this week in Chicago with representatives from about half a dozen companies, including traditional exchanges as well as Gemini and other crypto markets, according to a person familiar with the event. The focus of the gathering, this person said, was to encourage the industry to do things that will improve its image and validate its potential role in global markets.