GDAX Releases Framework for New Digital Assets

Digital currency exchange sets out criteria for admitting cryptocurrencies to trading.

Bitcoin

The Global Digital Asset Exchange (GDAX) released its criteria late last week, covering a range of attributes including any potential tradable asset’s status under US securities law, liquidity profiles, product governance and scalability.

The venue, which is designed for “professional” traders, is one of the leading exchanges for digital currencies, and is owned by Coinbase. Investors include the New York Stock Exchange (NYSE) and prominent venture-capital firm Andreessen Horowitz, and the

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