{"id":108570,"date":"2024-11-22T22:24:00","date_gmt":"2024-11-22T18:24:00","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=108570"},"modified":"2024-11-23T01:31:45","modified_gmt":"2024-11-22T21:31:45","slug":"coinbase-plans-to-list-more-meme-coins-amid-regulatory-optimism","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/coinbase-plans-to-list-more-meme-coins-amid-regulatory-optimism\/11\/22\/market-updates\/","title":{"rendered":"Coinbase plans to list more meme coins amid regulatory optimism"},"content":{"rendered":"\n<p>According to Tom Duff Gordon, vice president of Coinbase, the exchange will probably be able to provide services for smaller cryptocurrency tokens, such as meme coins. Because of his pro-crypto position, the executive expects industry expansion and regulatory certainty under Donald Trump&#8217;s administration. <br><br>The SEC has accused Coinbase of running an unregistered securities exchange, among other legal challenges. The bitcoin industry is excited about Donald Trump&#8217;s anticipated return to the White House, particularly at Coinbase, the biggest cryptocurrency exchange based in the United States. The platform is hopeful that further token listings, particularly well-known meme coins, may result from the incoming administration&#8217;s emphasis on regulatory clarity. <br><br>Coinbase&#8217;s VP of International Policy, Tom Duff Gordon, talked about the company&#8217;s plan to grow its product line in an interview with Bloomberg.&#8221;Coinbase will have more opportunities to engage with projects and tokens that were previously inaccessible once the Trump administration provides clearer details about its plans for the digital-asset sector,&#8221; he stated. <br><br><strong>Trump&#8217;s win ignites a resurgence in cryptocurrency markets <br><\/strong>Expectations that Donald Trump will enact laws that encourage cryptocurrencies have caused the cryptocurrency market to increase sharply. Trump&#8217;s idea for a strategic Bitcoin store and his pledge to appoint regulators who are amenable to cryptocurrency represent significant shifts from the previous administration&#8217;s harsh stance. <br><br>Smaller tokens like meme coins, which are still quite popular in spite of more stringent regulations, will be included to Coinbase&#8217;s listings. <br><br>Despite being a popular platform for popular cryptocurrencies like Ethereum, Coinbase finds it difficult to expand the number of tokens available. By designating a number of cryptocurrencies as securities, US authorities\u2014particularly the Securities and Exchange Commission (SEC)\u2014have created serious legal issues and posed a serious risk. The SEC is suing Coinbase for operating as an unregistered securities exchange and offering staking services in an improper manner. <br><br>To reduce its dependence on the volatile US market, Coinbase is broadening its business. The business opened a global platform in 38 countries in 2023, including important markets like France, Singapore, and Australia. In order to gain access to foreign trading markets with significant volume, it also established a derivatives exchange in Bermuda. <br><\/p>\n","protected":false},"excerpt":{"rendered":"<p>According to Tom Duff Gordon, vice president of Coinbase, the exchange will probably be able to provide services for smaller cryptocurrency tokens, such as meme coins. Because of his pro-crypto position, the executive expects industry expansion and regulatory certainty under Donald Trump&#8217;s administration. The SEC has accused Coinbase of running an unregistered securities exchange, among &hellip;<\/p>\n","protected":false},"author":13,"featured_media":69864,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[40,36],"tags":[],"class_list":["post-108570","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-cryptocurrencies","category-market-updates"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/108570","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=108570"}],"version-history":[{"count":4,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/108570\/revisions"}],"predecessor-version":[{"id":108580,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/108570\/revisions\/108580"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/69864"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=108570"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=108570"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=108570"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}