Coinbase is Eyeing Algorand, Cosmos, Dash, Decred, Matic, Harmony, Ontology and Waves Assets

Coinbase has recently announced on its official blog that the crypto company is interested in adding more assets to its international clients. According to the crypto exchange, the long-term goal is to be able to access at least 90% of the whole crypto market cap by using Coinbase.

However, in order to achieve this, the company has to determine which assets are the most important ones first and which ones can be up to its security and compliance measures.

Eight Assets Are Under Review

Coinbase has revealed that there are currently eight assets which are being reviewed by the company: Waves, DASH, Cosmos, Algorand, Ontology, Matic, Decred and Harmony.

At the moment, the company is studying each asset in order to determine how to proceed with the process. Only the ones that do not represent any compliance issue, have a secure technology and are deemed as decent investments will be available on the platform.

Tokens Will Only Be Accessible From Some Jurisdictions

The crypto exchange is adding several tokens to its list of assets recently. The process started a few months ago and the list continues to grow. As expected, some of these tokens will not be available on all the jurisdictions at launch. As each country has different laws, the company is often not able to launch its products in all of them at the same time.

Some U. S. states, specifically, will possibly not be able to receive these assets, especially New York, which is known for its tight regulation.

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Gabriel Machadohttps://bitcoinexchangeguide.com/
Brazilian journalist who is interested in the future of the financial world. Has a special interest in the blockchain technology and the global financial markets. Covers economic and technology news with a focus on the fintech industry and has been writing about the cryptocurrency market since the start of 2017.

[Alert] Use the author's self-conducted information at your own risk, do you own research, never invest more than you are willing to lose.

[Disclosure] The published news and content on BitcoinExchangeGuide should never be used or taken as financial investment advice. Understand trading cryptocurrencies is a very high-risk activity which can result in significant losses. Editorial Policy \\ Investment Disclaimer

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