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“Coinbase Abandons Cautious Approach” seems a bit hyperbolic as a title. In fact, it sounds like they're still being cautious. They aren't saying they will list
by TazeTSchnitzel 8y ago
“Coinbase Abandons Cautious Approach” seems a bit hyperbolic as a title. In fact, it sounds like they're still being cautious. They aren't saying they will list a ton of new “currencies”, they just listed a number they might want to explore, and they are going to take their time deciding which are reasonable:
> Coinbase recently revamped its policy on new token listings. [… Coinbase] now goes public with its intention to “explore” the potential to list new assets in order to lower the impact of a listing. It also doesn’t guarantee which, if any, will make it through and be listed.
> “Adding new assets requires significant exploratory work from both a technical and compliance standpoint, and we cannot guarantee that all the assets we are evaluating will ultimately be listed for trading,” the company said.
- deleted 8y ago[deleted]
- ec109685 8y ago“It makes sense that any company out there who has a cap table… should have their own token” That doesn’t seem long term cautious…
- pmorici 8y agoIt's the end game for sure. The whole ICO utility token thing we've seen over the past couple years has just been an intermediary step while companies navigate the regulations. The idea is that stock certificates, and the Depository Trust Company will be replaced by block chain tokens and dividends would be paid directly to the holder on the block chain. When he says it makes sense for everyone with a cap table to have their own token that is what he is talking about he isn't suggesting that every company in the world should jump on the ICO bandwagon. There are a bunch of companies pursuing this right now Coinbase is one, that's why they bought a broker dealer. Overstock / tZero is another.
- arcticbull 8y agoOr it could be replaced by Carta, and it is.
- dang 8y agoThanks for pointing this out. We've changed the title above to something more accurate.
- gammateam 8y agopeep the url slug, the intention of techcrunch and its author is clear
- TazeTSchnitzel 8y agoThey're not wrong.