Coinbase doubles its staff and aims to become the NYSE of crypto
THE LEADING AMERICAN COINBASE EXCHANGE EXHIBITION ANNOUNCES THAT IT HAPPENS THE NUMBER OF YOUR EMPLOYEES, THAT WILL MEAN THEIR GOAL FOR 2018. AT THE SAME TIME THE COMPANY DISUSED ITS INTENTIONS TO BE NYSE OF THE CRYPTO.
The San Francisco-based exchange of crypto doubled their staff to 500, according to a report by Business Insider.
Earlier this year, Coinbase announced plans to become a full-fledged broker-dealer, regulated by the SEC. In addition, the company has added a range of products to facilitate institutional investment and reveals its intention to expand in Japan. The exchange recently announced that it is exploring the potential of the ETF.
It is worth noting that earlier this year, Coinbase's customer service was met with great criticism that it was not ready. Exchange users were able to file 134-page complaints to the SEC outlining a wide range of different issues. In response, the company announced plans to open a new office in Portland, Oregon, which will focus mainly on law enforcement, customer support, human resources, and finance.
Serious intentions
Speaking at the TechCrunch Break conference in San Francisco, Coinbase CEO Brian Armstrong said he foresaw a future where his company operates as the New York Stock Exchange of Crypto.
He also claims that the future will see many companies that create their own tokens and where Coinbase will act as a bridge between Crypto and Fiat.
Every open source project, any charity, potentially any fund or these new types of decentralized organizations and applications, all of them will have their own tokens. We want to be the bridge all over the world where people come and they accept a fiat currency and can bring it into these different crypto.
Among other things, Armstrong also stressed the importance of regulatory clarity as to whether or not the US government would consider the above-mentioned securities tokens.
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