Hot Development From Coinbase: Added These 6 Altcoins To Its Roadmap To List!

USA’s largest cryptocurrency Coinbase, one of the stock exchanges, has added a new roadmap to list it in its last-minute statement. altcoins explained.

Cryptocurrency Exchange Coinbase Shares The Altcoins It Will List On Its Blog

Here is the list of altcoins that the crypto company is planning to list on its exchange:

• Convex Finance (CVX)
• Ocean Protocol (OCEAN)
• Pundi X (PUNDIX)
• Injective (INJ)
• Audius (AUDIO)
• XMON (XMON)

It is also noteworthy that all of the altcoins planned to be newly listed are on the Ethereum Blockchain.

After the announcement, altcoins experienced an increase of about 5 percent, but they are back to their old levels again.

Assets added to the roadmap today: Convex Finance (CVX), Ocean Protocol (OCEAN),
Pundi X (PUNDIX), Injective (INJ), Audius (AUDIO), and XMON (XMON): https://t.co/zu1IBdrD7X

— Coinbase Assets (@CoinbaseAssets) September 6, 2022

However, the company previously stated that Hedera (HBAR) and Raydium (RAY) tokens running on the Solana network were reviewed by them for listing.

Coinbase recently had a hard time when an employee inside it faced charges of “insider trading”. It was alleged that the employee in question made a large purchase by learning about the altcoins that the cryptocurrency exchange was about to list.

The litigation process on the matter continues.

In addition, the US Securities and Exchange Commission (SEC) warned in its statement that 9 cryptocurrencies listed on Coinbase may be securities.

Among these 9 altcoins AMP, RLY, DDX, XYO, RGT, LCX, POWR, DFX, CHROME tokens were included.

However, it is known that the SEC considers all cryptocurrencies except Bitcoin and Ethereum as securities and wants to take these assets under its own control.

*Not investment advice.