As reported in the Wallstreet Journal April 6, 2018:
"Cryptocurrency Firm Coinbase in Talks to Become SEC-Regulated Brokerage"
While the thought of regulation sends most crypto investors racing to hit the sell button they may quickly be changing their perspective if such regulations facilitate the addition of altcoins onto the popular US exchange Coinbase.
Wall Street Journal editor Dave Michaels reports that Coinbase, the leading cryptocurrency firm has met with regulators to discuss with the Securities and Exchange Commission about registering as licensed brokerage firm.
While there is no direct mention about specifically adding Ripple (XRP) to Coinbase within the article, there is a quote that states, “The assets that we do list have all had some amount of regulatory certainty,” Coinbase President Asiff Hirji said on CNBC on Thursday.“As soon as there is more regulatory clarity than there currently is you would expect us to start listing more assets.”
Cryptocurrency investors have been licking their wounds in a notoriously rough bear market in large part due to FUD (fear, uncertainty and doubt) related to regulation concerns. News of this nature may be an indication that tokens like Ripple's XRP and others may be eligible for listing on Coinbase. Only time will tell.
See full report at the Wall Street Journal: