Coinbase Considers 19 New Digital Assets For Listing
Cryptocurrency, News

Coinbase Considers 19 New Digital Assets For Listing

Last month, precisely on June 10, the biggest crypto exchange in the U.S. Coinbase said it would continue to look into adding new assets for users worldwide. The exchange noted that it is focusing on supporting all assets that meet its technical standards and which comply with relevant laws.

On July 31, Coinbase reiterated its goal of supporting all assets that meet its technical standards and which comply with relevant laws, adding that its users around the world will be able to access a minimum of 90 percent of the total market capitalization of all crypto assets in circulation through its platforms.

The exchange announced that it is currently looking into possible digital assets to be listed, including Ampleforth, Flexacoin, Hedera Hashgraph, Wrapped Bitcoin and others.

Today we’re announcing that we are exploring the addition of a range of new assets. As part of the exploratory process customers may see public-facing APIs and other signs that we are conducting engineering work to potentially support these assets.”

They listed the new assets in alphabetical order as follows: Ampleforth, Band Protocol, Balancer, Blockstack, Curve, Fetch.ai, Flexacoin, Helium, Hedera Hashgraph, Kava, Melon, Ocean Protocol, Paxos Gold, Reserve Rights, tBTC, The Graph, THETA, UMA, and WBTC.

However, Coinbase has made it clear that its decision to support any asset needs remarkable technical and compliance review and may be subject to regulatory approval in some jurisdictions.

Hence, whether or when any of the aforementioned assets will be listed on a Coinbase product in any jurisdiction is not guaranteed. The listing process has to do with the addition of new assets based on jurisdiction, subject to relevant review and authorizations.

That an asset is omitted from the current list of digital assets for consideration does not disqualify it from active review as well as possible listing, said the exchange.

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Born in Bucharest, Marius is the founder of Crypto Adventure and Co-founder of Crypto Press. Since his first contact with Bitcoin and cryptocurrencies, he never stopped believing that they are one of the most important innovations of our time, which will forever change the way business is done.