Monday, October 25

Coinbase Announces It Will Establish A Store For Crypto Apps

An important statement came from Coinbase. Coinbase Announced It Will Establish A Store For Crypto Apps.

Brian Armstrong, CEO of cryptocurrency exchange Coinbase, announced that they will accelerate their work in the global market, prioritize listing new cryptocurrencies and establish a store with decentralized applications (dApp).

The CEO of Coinbase, which was founded in the US in 2012 and went public this year, said on Tuesday that they will “move faster” in their cryptocurrency listings. He stated that the goal of Coinbase, which currently supports more than 60 cryptocurrencies, is to “list all legal entities.”

To achieve this goal, before listing a cryptocurrency, Coinbase will base its assessment on 12 questions instead of 70, and will set up an “experimental” platform where above-average-risk cryptocurrencies can take place.

It is also expected that the company will begin to focus more on the global market beyond focusing on the US, UK and European markets.

COINBASE: Store for decentralized apps

Coinbase Announces It Will Establish A Store For Crypto Apps

It has been announced that Coinbase users will be able to access decentralized applications through the Coinbase application, where they can connect their wallets on the exchange to the application.

“Decentralized apps are occupied by tens of billions of dollars today, with a new trend coming out every three months. We will provide our users with easy access to all of this.” He did an explanation.

Coinbase CEO made a statement about the company’s listing policy

Coinbase CEO made a statement about the new coins to be added to the stock market. He explained what kind of policy the company followed when listing new coins.

Coinbase CEO Brian Armstrong has shared some information to clarify the “Listing” debate that has escalated quite recently.

Coinbase CEO Brian Armstrong said the purpose of the exchange is to “list every crypto asset” as long as it’s legal. Stating that there is no special treatment or discrimination in the listing, Armstrong continued his sharing as follows:

“Outside of our listing standards (for security/legality), we do not offer an idea of ​​the asset’s value. We are asset independent because we believe that in free markets and consumers should have options in the cryptoeconomics. Only in this way can we achieve maximum innovation.”

Also, the CEO stated that in the future, the exchange will offer its users ways to review or rate each asset. Armstrong noted that in theory this would help other consumers make more informed decisions.

Coinbase Announces It Will Establish A Store For Crypto Apps

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