New York — The road to shaking its history of shady transactions and fraud is proving to be a long one for crypto-currencies, but Nasdaq 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, the person said, was to encourage the industry to do things that will improve its image and validate its potential role in global markets. A Nasdaq spokesperson declined to comment, but confirmed the event took place. Gemini didn’t respond to a request for comment. Among topics discussed were the implications of future regulation for crypto-currencies, what the necessary tools are, and what surveillance will be needed. Nasdaq CEO Adena Friedman has been outspoken about the need for regulation, with her firm now partnering w...

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