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New York’s new token listing rules limit VCs dumping on retail

CoinGeek LogoCoinGeek3 mo ago

New York’s new token listing rules limit VCs dumping on retail - CoinGeek

Quick Summary:

The post New York’s new token listing rules limit VCs dumping on retail appeared first on CoinGeek.

VC Entities must also perform “a comprehensive risk assessment” for each coin they hope to list.

Specific categories of tokens that DFS-approved companies are explicitly prohibited from self-certifying include exchange coins like Binance’s BNB or FTX’s FTT. This would presumably spell problems for Coinbase should it ever drop its façade of disinterest and issue a bespoke token on its proprietary Ethereum-based ‘Layer 2’ blockchain Base.


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Article Details

Author / Journalist: Steven Stradbrooke

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2023-11-17 @ 10:00:01 (3 months ago)

News Timezone: GMT +8:00

News Source URL: coingeek.com

Language: English

Article Length: 1577 words

Reading Time: 9 minutes read

Sentences: 49 lines

Sentence Length: 33 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGeek

News ID: 17660743

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About CoinGeek

CoinGeek Logo

Main Topics: Crypto

Official Website: coingeek.com

Update Frequency: 4 posts per day

Year Established: 2012

Headquarters: Canada

News Last Updated: 16 hours ago

Coverage Areas: Canada

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #82

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