On June 14, Coinbase Cryptocurrency Exchanges got listed on NASDAQ for an initial public offering (IPO). Due to the market-heat, the share price of it was rising for more than 30% with very active tradings. Under the circumstance of the global cryptocurrency market continues to heat up, the choice of embracing regulation and improving safety actively become the secret of Coinbase ranking the front to complete the global listing.
Therefore, the official website of ANTS Cryptocurrency Exchanges, 【antsex.com www.antsex.com antstech.com www.antstech.com】, has announced to strengthen the regulations to actively cooperate with the related government departments with compliance procedures.
The listing of Coinbase is expected to promote the improvement of laws and regulations on digital asset industry in each country. “Currently, the global regulation policy for digital asset is still at an early stage. Some countries have adapted the form of regulatory sandboxes, while some other countries have gradually incorporated digital finance into their existing regulatory systems. The listing of Coinbase would show the potential of new mode of asset in compliance development to the regulation departments of each country, and make them to pay attention to the meaning of digital assets, which may have some enlightenment on balancing financial innovation and supervision, and make further research and thinking on compliance.
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Daily Pune journalist was involved in the writing and production of this article.