Nasdaq Plans to Tighten Regulation on Crypto Treasury Companies: New Stock Issuance for Crypto Purchases May Require Shareholder Approval
According to ChainCatcher, citing Crowdfund Insider, Nasdaq plans to strengthen its regulation of listed companies that purchase crypto assets through additional stock issuance to boost their share prices. In the future, some companies will be required to obtain shareholder approval before raising funds to buy crypto. As the US SEC's direct intervention in such transactions weakens, exchanges are acting as "gatekeepers" through their own listing rules, demanding increased transparency and accountability to prevent volatility and shareholder dilution risks caused by large crypto holdings.
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