Coinbase Hopes To List More Meme Coins During Trump Presidency: Bloomberg

Leading
US
crypto
exchange
Coinbase
hopes
to
list
more
meme
coins
on
its
platform
during
the
pro-crypto
presidency
of
Donald
Trump.

That’s
according
to
a

Bloomberg
report
that
cites
Tom
Duff
Gordon,
vice
president
of
international
policy,
as
saying
the
firm
wants
to
add
smaller
projects,
including
meme
coins,
to
its
list
of
tradable
assets.

This
is
something
Coinbase,
along
with
other
US
companies,
have
been
unable
to
do
because
the
Securities
and
Exchange
Commission
(SEC)
currently
sees
the
majority
of
crypto
tokens
as
securities.

Coinbase
To
Offer
Americans
More
Services
Once
The
Trump
Administration
Clarifies
Digital
Asset
Plans

According
to
the
Bloomberg
report,
Coinbase
believes
it
will
be
able
“to
do
more”
with
smaller
tokens
and
meme
coins
once
the


Trump

administration
gives
more
specifics
regarding
its
plans
for
the
digital
asset
space.

In
2023,


Coinbase

had
to
reduce
its
reliance
on
the
US
market
and
diversified
into
38
countries.
These
countries
include
Singapore,
Australia,
Spain,
France
and
Bermuda. 

The
company
also
launched
a
derivatives
market
in
Bermuda
to
get
in
on
the
high
volumes
in
the
region.
Coinbase
decided
to
rely
on
more-predictable
businesses
other
than
its
trading
revenue
as
well,
according
to
the
Bloomberg
report.

Regardless
of
its
focus
outside
of
the
US,
Coinbase
says
the
US
will
remain
one
of
the
company’s
“most
important
markets”
because
it’s
where
the
exchange
employs
most
of
its
staff,
and
is
where
most
of
the
platform’s
users
are,
the
Bloomberg
report
added.

Meme
Coins
Soar
Over
6%,
Presales
Poised
To
Benefit

The
collective
capitalization
for
the
meme
coin
market
pumped
more
than
6%
in
the
last
24
hours,
taking
the
market’s
valuation
to
$126.93
billion.

Coinbase’s
aim
to
list
more
meme
coins
under
the
upcoming
Trump
presidency
is
great
news
for
presale
meme
coins,
as
well
as
newly-listed,
high-potential
meme
coins.

????HUGE
ANNOUNCEMENT!????

In
exactly
30
days,
I
repeat
30
DAYS!
The
presale
for
Pepe
Unchained
ends.

This
is
your
LAST
CHANCE
to
grab

$PEPU
before
it
hits
Major
exchanges!

Buy

$PEPU
in
presale
here:

https://t.co/onpYoXlnyG

pic.twitter.com/UtM95mrAvM

—
Pepe
Unchained
(@pepe_unchained)

November
13,
2024

Presales
like


Pepe
Unchained
(PEPU),

one
of
the
most
successful
ICOs
ever
after
raising
more
than
$40
million,
and
$5
million
plus


Crypto
All-Stars
(STARS)

will
see
their
chances
of
listings
on
Binance
and
Coinbase
increase
exponentially. 

Among
other
new
project
poised
to
gain
would
be
meme
coins
like
Catslap
(SLAP),
which
soared
more
than
2,000%
after
its
DEX
listing
yesterday.


Catslap
Token
aims
to
knock
Popcat
(POPCAT)
off
its
perch
as
the
top
cat-themed
meme
coin,
and
its
market
cap
has
already
surged
to
almost
$20
million.

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