Coinbase is a crypto exchange firm, founded in 2012, is headquartered in San Francisco, California. It deals with the exchanges of cryptocurrencies like Bitcoin, Bitcoin Cash, Ethereum, Ethereum Classic, and Litecoin and many more around 32 countries. The aim to provide secure and trustworthy access with a blockchain-based financial system.
With the increase in demand for adding support for the new assets by the top customers, the crypto exchange has finally found a way to determined how to do this in a secure and compliant way for those assets meeting our standards.
The firm has announced that they are initiating a new process that will allow them to rapidly list most digital assets that are compliant with the local law, by satisfying listing requests in a jurisdiction-by-jurisdiction manner. This means some new assets that are listed on the platform may only be available to customers in select jurisdictions for a period of time.
The new process involves a form submission by the issuers to submit assets for listing at Coinbase, which will be evaluated against the digital asset framework of the firm also the asset framework is to be updated regularly.
With the help of this process, the customers may expect that Coinbase will list most asset over time that meets their standards as the listing announcements will be more frequent. The announcement related to the addition of new asset will be made public at the time of public launch across one or more Coinbase products. The announce would still be early enough for sufficient liquidity on Coinbase’s exchange and an orderly market bootup process
The addition of more asset to the platform the tool would be augmented and the customers would be provided with the necessary educational material so they may learn about assets and make a decision on their own. The crypto exchange believes that they are the global bridge from fiat to crypto, from the fragmented financial system of today to the open financial system of the future. In their view the new listing process allows them to quickly add asset while keeping in mind the local law with offering their customers a safe and high-quality experience.
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