Coinbase, Kraken to Jointly Define Which Cryptos Are Securities: Report By Cointelegraph

October 1, 2019 David Coinbase 0

Coinbase, Kraken to Jointly Define Which Cryptos Are Securities: Report

Major United States’ crypto firms such as Coinbase and Kraken teamed up to launch a rating system to jointly define which digital assets are securities.

In a move to provide more clarity for what tokens can be traded without the supervision of regulators, major U.S.-based exchanges formed the so-called Crypto Ratings Council, the Wall Street Journal (WSJ) reports on Sept. 30.

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