Nasdaq Texas Clears Four Major Cryptocurrencies as Commodities

The US Securities and Exchange Commission (SEC) has cleared four major cryptocurrencies - Bitcoin, Ethereum, XRP, and Solana - as commodities under a new rule change by Nasdaq Texas. This move is seen as a significant development in the regulatory landscape for digital assets.

According to the SEC order, these four cryptocurrencies meet the exchange's current eligibility requirements. The rule change paves the way for investment products involving these cryptocurrencies to be traded on the Nasdaq platform.