Coinbase, one of the world’s most well-known cryptocracy stock exchanges, has applied to sign up as a brokerage house and e-commerce center licensed to the US Securities and Exchange Commission (SEC) after a $ 1.6 billion crypto money exchange.
Beginning with Bitcoin and having high value of other crypto money, the exchange of crypto money that comes into the day increases the legitimacy every day. Coinbase, one of the largest in the field, aims to settle in a more dominant position than its competitors with the latest application. Coinbase will allow the SEC to expand its crypto money, which is registered on its own platform, to include SEC’s securities as securities.
In addition, the SEC has not yet decided which tokens are considered as securities. In addition, the commission recommended investors to follow the Howey Test until more specific guidelines were created. On the other hand, most cryptos emerged as a general tendency by people who were concerned with the area in which the money would be arranged by securities. However, many crypto coin producers are working hard to build an environment where their coin is not treated like that.
Therefore, the crypto-currency world is approaching fiscal regulators, even if it is not openly hostile, in a skeptical manner. Coinbase, however, is making a difference here, wanting to be the Google of crypto money, and it is obviously ahead. Although not the largest stock exchange in the world, Coinbase is seen as a platform that delivers BitCoin to masses without technical knowledge. He’s trying to list those who are sufficiently stable in the crypt money for company policy.
Coinbase recently announced that they would like to make more crypto money capital for shopping and add new crypto money types. Although crypto-currencies have lost their popularity over the last quarter of the year since the beginning of 2018, they are still followed by curiosity by many. In addition to this, there is also a visible increase in legitimacy. Coinbase is also taking steps to close the lack of control and determinism in this legitimacy environment.