Ripple Appears to Violate Coinbase Crypto Listing Framework

Altcoin News – CCN

Coinbase announced the listing of Ripple (XRP) on Coinbase Pro yesterday. The massive-supply token saw a significant price rise on the news. However, as first identified by Diar, Coinbase’s listing of the bank-friendly coin appears to violate its own Digital Asset Framework, which outlines requirements which cryptocurrency assets must meet prior to their listing on the US exchange. Coinbase: We Won’t List Cryptocurrency if Company Controls Majority Stake Coinbase’s GDAX Digital Asset Framework outlines the types of crypto tokens it will list. On page five of the document, it states: “The ownership stake retained by the team is a minority

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February 26, 2019 at 11:14PM By CCN