Coinbase, the largest cryptocurrency exchange in the United States, has been drawing attention with its listings in recent days.
At this point, Coinbase, which has increased its listing speed in recent days, continues to list many expected altcoins.
While the most notable of these is Floki Inu (FLOKI), Coinbase announced that it wants to list more memecoins in the coming days.
Speaking to Bloomberg, Coinbase global policy chief Tom Duff Gordon said that they plan to list more smaller tokens, including memecoins.
Stating that they expect more positive developments in the cryptocurrency market with Trump's re-election, Gordon said, “Coinbase will be able to offer more tokens than we could not offer from now on and more services than we could not offer to Americans.”
“Coinbase is looking to do more work and more listings.
Here we are talking more about smaller tokens and memecoins.”
Coinbase has launched a new international platform to reduce its reliance on the U.S. amid regulatory challenges in the U.S. The U.S. will continue to be our most important market, Gordon said, even as Coinbase continues to grow outside the U.S. “The U.S. will continue to be our most important market. That's where we employ most of our staff. That's where most of our users are. So that's the most important place.”
Coinbase is among a number of companies that the SEC has sued for allegedly violating federal securities laws. At this point, the SEC argues that most altcoins other than Bitcoin and Ethereum are securities and must be registered with the SEC.
The SEC accused Coinbase of operating an unregistered securities exchange and offering staking services in certain cryptocurrencies.
Coinbase believes that it is in a stronger position vis-à-vis the SEC after Trump's election, as it continues its legal battle with the SEC.
*This is not investment advice.