The recognized cryptocurrency exchange Coinbase is exploring the addition of new assets for customers in different countries. According to a recent blog post released by Coinbase, the firm informed that they could add support to Algorand (ALGO), Cosmos (ATOM), Dash (DASH), Decred (DCR), Matic Network (MATIC), Harmony (ONE), Ontology (ONT) and Waves (WAVES).
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The crypto exchange, one of the most popular around the world, is trying to add new digital assets to its trading platform. The intention is to offer support for all the assets that meet their technical standards and that comply with the current applicable laws in different jurisdictions.
As per the blog post, Coinbase expects its customers to have access to 90% of the aggregate market cap of all digital assets in circulation through their crypto platform. In order to evaluate new digital assets to be added to the platform, Coinbase focuses on its Digital Asset Framework released last year.
The aforementioned cryptocurrencies are being analyzed to understand whether they are able to be listed on the crypto platform.
About it, the exchange mentioned:
“Our decision to support any asset requires significant technical and compliance review and may be subject to regulatory approval in some jurisdictions. We, therefore, cannot guarantee whether or when any above-listed asset will be listed on a Coinbase product in any jurisdiction.”
It is also worth pointing out that the addition of each of these assets is going to be analyzed on a jurisdiction-by-jurisdiction basis which is subject to applicable review and authorizations. Coinbase will be doing everything as possible in order to explore the addition of numerous assets in the platform.
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