Coinbase, the California-based digital asset exchange is on a roll. Last week the exchange announced that they’re exploring 5 new coins and will consider listing them on their platform. While Coinbase’s list mentioned several high volume, low priced coins, they’ve snubbed XRP, again. The exchange is back in the headlines after it received the green signal to list coins which are deemed securities. According to Bloomberg, the SEC and FINRA approved the exchange’s purchase of Keystone Capital Corp., Venovate Marketplace Inc. and Digital Wealth LLC.Source
With this purchase, the exchange can list any coin which has been deemed a security. Additionally, the exchange which previously operated under several state authorities will now be subjected to federal regulation. Most digital tokens are considered as securities by the Securities and Exchange Commission (SEC). So this could be a ray of light for XRP, which is awaiting a decision from the SEC about being a security.
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