Coinbase Announces New Coin Listing Policy
Leading cryptocurrency exchange Coinbase announced several key changes in its listing policy that will significantly increase its asset offerings, and alter the exchange from a primarily U.S.-focused cryptocurrency curator into a global cryptocurrency platform.
With this shift in process, our customers can expect us to list most high-quality assets over time. If you’ve developed a new digital asset, and it has passed an independent legal and security review, apply to list your asset on Coinbase today: https://t.co/sIXzqXAuiu pic.twitter.com/YoTDkWtt3E
— Coinbase (@coinbase) 25 September 2018
Now project creators can go to listing.coinbase.com to submit an application to list their digital asset on Coinbase. Previously, Coinbase had to make the first move, and therefore bore the responsibility of identifying, selecting and vetting new assets for the platform. And Coinbase will no longer be restricting listed assets to those that comply with U.S. regulation. From now on, added assets will be regional and based on a specific region’s regulatory framework.
In a CNBC “Fast Money” interview, vice president Dan Romero said:
“Ultimately, crypto is a global phenomenon. You have software developers and entrepreneurs around the world building products on top of crypto, and it’s unlocking a lot of use cases, particularly in emerging markets. I think we need to shift as a company to a more global perspective.”
The changes will allow for hundreds, if not thousands, of digital assets to be added to the platform. As of now, the platform supports five currencies: Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH), Ethereum Classic (ETC) and Litecoin (LTC).
Coinbase has served more than 20 million customers and supported more than $220 billion in cryptocurrency trades since it was founded in 2012. The exchange operates in 33 countries and has more than 500 employees across six offices in the U.S., Japan and the U.K.
Subscribe to our Newsletter<
- Bakkt Sees Most Demand in Bitcoin as the Futures Platform Launch Delayed Until January 2019
- Largest Swiss Exchange to List World’s First Crypto ETP Under HODL Index
- Coinbase Deny IPO Rumors as Crypto Giant Closes $300 Million Series E
- The New Zcash Sapling Protocol Is Now Live After Successful Network Upgrade
- P2P Exchange Hodl Hodl Enables 2 out of 3 Multisig Contracts
- D3ledger Tests Safekeeping of Cryptoassets for Institutional Investors Through Distributed Digital Depository
- Fidelity to Provide Enterprise-Grade Digital Asset Solutions for Institutional Investors
- Winklevoss Brothers’ Gemini Exchange Adds Litecoin Support