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Coinbase, which is the largest cryptocurrency exchange in the USA but has faced many problems with regulators, especially the US Securities and Exchange Commission (SEC), now sees its future as more complicated. The exchange aims to list many more altcoins as Donald Trump takes office.
The statement on this topic came from Tom Duff Gordon, the head of global policies of the stock exchange, who gave an interview to Bloomberg. “We are now looking at listing more tokens,” Gordon said. He said that we also give importance to small diameter coins and meme coins.
As is known, the SEC has so far filed lawsuits against several exchanges, including Coinbase, for allegedly selling unregistered securities. The Institute considers most cryptocurrencies other than Bitcoin and Ether to be securities. Not even clear long-term statements were made for Bitcoin and Ether. “I think bitcoin is a commodity,” Gensler said at an event he attended recently.
Gensler, who announced his resignation last night and said he would officially leave his seat on Jan. 20, did not respond to a series of questions on the topic at hearings of the House Financial Services Committee.
The Coinbase exchange also increased its global initiatives as it faced several problems in the US and established new companies in 38 countries in 2023.
Tom Duff Gordon
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