TechFlow, Sept. 4 — According to sources familiar with the matter, Nasdaq is stepping up its scrutiny of companies listed on its exchange that attempt to boost their stock prices by raising funds to buy and hoard cryptocurrencies. The move could slow down the cryptocurrency boom that has been pushing an increasing number of obscure tokens into the mainstream market. Nasdaq, where the vast majority of crypto-related stocks trade, is now requiring certain companies to obtain shareholder approval before issuing new shares for stock purchases. (The Information)
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