American stock exchange Nasdaq says it has tools to stamp out manipulation and other scams besieging digital coins, according to Bloomberg's report.
The report states:
“Regulators, brokers and exchanges have surveillance teams that monitor activity constantly and advanced technologies to help capture and analyze abusive behaviors including pump-and-dump schemes, insider trading, wash trading as well as spoofing and layering.”
It also says that Nasdaq wants to use surveillance technology regarding various crypto exchanges, “including at least one crypto market — Gemini.”
Earlier, Nasdaq concluded a partnership with Microsoft Blockchain Azure in order to deliver highly secure interoperation and communication between the Nasdaq Financial Framework core infrastructure and customer technologies.
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