Coinbase’s goal is to offer support for all assets that meet their technical standards and which comply with applicable laws. Over time they expect their customers around the world will have access through Coinbase platforms to at least 90% of the aggregate market cap of all digital assets in circulation. To date, they have largely explored support for assets that are already live and available to trade on other venues. Today, they are announcing their intention to explore assets that have not launched and which Coinbase may choose to support in the future. They will continue to evaluate prospective assets against their Digital Asset Framework to assess factors like security, compliance, and the project’s alignment with their mission of creating an open financial system for the world.
Digital Assets Under Review
Today they’re announcing that they are exploring the addition of a range of new assets. As part of the exploratory process customers may see public-facing APIs and other signs that they are conducting engineering work to potentially support these assets.
Their decision to support any asset requires significant technical and compliance review and may be subject to regulatory approval in some jurisdictions. They therefore cannot guarantee whether or when any above-listed asset will be listed on a Coinbase product in any jurisdiction. As per their listing process, they will add new assets on a jurisdiction-by-jurisdiction basis, subject to applicable review and authorizations. The omission of assets from this publication does not disqualify any such asset from active review and potential listing.
Their customers can expect Coinbase to make future, similar announcements as they continue to explore the addition of numerous assets across the platform.
This article was originally posted here: https://blog.coinbase.com/coinbase-continues-to-explore-support-for-new-digital-assets