Adam White, vice president and general manager of Coinbase, explains why he believes the SEC’s statement Thursday that ether, in its current form, is not a security, is a historic moment in crypto. Also, from his vantage point of being steeped in the industry but interacting regularly with institutional investors and regulators, he describes where crypto is right now and why he believes it will be moving from an investment phase to a utility phase. He also discusses Coinbase’s many recent announcements, from the fact that it will soon be a regulated broker dealer, to the establishment of services for institutional investors such as Coinbase Custody, Coinbase Markets and Coinbase Prime, to its acquisition of decentralized relay Paradex. He also explains why Coinbase decided to list Ethereum Classic, gives an answer to the Twitter people requesting Coinbase list XRP, and describes the main developments he believes are necessary to bring established financial institutions into crypto trading.
Coinbase: https://www.coinbase.com/
Adam White: https://twitter.com/WhiteAdamL
The SEC’s speech containing the line asserting that ether is, in its current form, not a security: https://www.sec.gov/news/speech/speech-hinman-061418
Coinbase’s move toward becoming a regulated broker-dealer:
https://blog.coinbase.com/our-path-to-listing-sec-regulated-crypto-securities-a1724e13bb5ahttps://www.bloomberg.com/news/articles/2018-06-06/coinbase-seeks-broker-dealer-status-in-keystone-capital-takeoverAnnouncement of Coinbase Custody, Coinbase Markets, Coinbase Prime, Coinbase Institutional Coverage Group: https://blog.coinbase.com/coinbase-institutional-deea317d23af
Coinbase’s acquisition of Paradex: https://blog.coinbase.com/welcome-paradex-to-coinbase-62f16cc9bd74
Coinbase’s announcement about Ethereum Classic: https://blog.coinbase.com/adding-ethereum-classic-support-to-coinbase-becb9a337e9c
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