The goal is to develop an open financial system in which users can get the options they need

Coinbase, the digital asset exchange located in San Francisco, the United States, said it is exploring some ideas about incorporating at least 17 more cryptocurrencies. It will operate with some new cryptocurrencies. Among these cryptoactives is the one of Telegram.

Some of the digital assets that the company expects to incorporate are: Oasis, Avalanche, Celo, Chia, Coda, Filecoin, Handshake, Dfinity, Kadena, Mobilecoin, Nervos, NEAR, Orchid, Solana, Polkadot, Spacemesh and Telegram.

Thus, Coinbase said it intends to support new digital assets that have not yet been released. Telegram, for example, recently launched its Telegram Open Network (TON) browser and its node software on its website, but it has not yet distributed its token, GRAM, something that would happen in two months.

“Our goal is to offer support for all assets that meet our technical standards and that comply with applicable laws. Over time, we expect our customers worldwide to have access through Coinbase platforms at least 90 % of the aggregate market capitalization of all digital assets in circulation”, said the company.

Available in Some Jurisdictions

On the other hand, Coinbase explained that the new tokens could not be available all at the same time in certain regions, due to different legal requirements, laws or regulations in different countries.

“We add new assets on a jurisdiction-by-jurisdiction basis, this is something that should be reviewed and receive applicable authorizations. The omission of assets from this publication does not disqualify any such asset from active review and potential listing”.

To meet these requirements, the company will evaluate the possible crypto assets, compliance, security and alignment of each project.

The goal is to develop an open financial system in which users can get the options they need.

Support for DASH

In mid-September, Coinbase announced that its professional commercial platform Coinbase Pro had plans to launch support for the DASH token.

The launch of DASH operations began at 9:00 am last Tuesday, September 17th, local time in the Pacific.

As the exchange announcement explained, DASH will be available in jurisdictions supported by Coinbase. So far, two areas where DASH will not be available will be in New York and in the United Kingdom.

The Impact

Adding DASH to the Coinbase list seems to have given positive results in the short term. According to CoinMarketCap, the price of DASH rose from USD 97.98 to a maximum of USD 103.84. Subsequently, its value fell by 2.43 % and its value was again USD 97. The dynamics could continue upwards.

“Dash is launching at and in the IOS and Android Apps within the next 15 minutes. You may need to update your app to properly buy, sell, convert, send, receive or store DASH. We will update when DASH is fully live”, commented the company in its official Twitter account.

In a few more days, the exchange can indicate which other regions will not be able to get access the digital asset or new cryptocurrencies that Coinbase would add to its list of the cryptocurrencies it will support.

By María Rodríguez


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