Coinbase Reviews 18 Digital Assets to add to its Platform


Major Cryptocurrency exchange in the US,
Coinbase has announced on Wednesday 10 June that it is reviewing 18 new digital
assets to add on its platform.
In a blog post, the company states that the
tokens which are under revival in terms of technical and compliance aspects
also include tokens that are not yet launched.
The San Francisco based exchange which has
worldwide customer-base, focuses to offer support to all assets which fit into
technical standards and comply with regulatory laws.
The firm listed the tokens in alphabetical
order as follows:
Aave, Aragon, Arweave, Bancor, Comp,
DigiByte, Horizen, KEEP Network, Livepeer, Numeraire, NuCypher, Origin
protocol, Ren, Render Network, Siacoin, SKALE Network, Synthetix, and VeChain.
The announcement stated that the new assets
will be available in specific jurisdictions depending on local regulatory
approvals. The blog post further revealed that the exchange is likely to add
several assets in future in various jurisdictions subject to revival and
authorizations
The blog post states:
“Today we are announcing our intention to
explore assets that have not launched and which Coinbase may choose to support
in the future. We will continue to evaluate prospective assets against our
Digital Asset Framework to assess factors like security, compliance and the
project’s alignment with our mission of creating an open financial system for
the world.”
New Addition
Today, Coinbase has added ERC-20 token Maker (MKR) at Coinbase.com and in Coinbase android and iOS apps. The Coinbase customers can access the MKR in all Coinbase supported locations except New York State. Maker will be available to sell, buy, send, convert receive or store for the users.
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Jayashree Ingle
CBW - External Analyst
INDIA