Coinbase, Kraken, and Gemini Urge Senate to Remove Restrictions on Crypto Token Listings

Odaily Planet Daily News: Centralized exchanges Coinbase, Kraken, and Gemini are urging U.S. senators to remove a specific provision from the digital asset market structure bill. This provision would restrict trading platforms from listing tokens that are susceptible to market manipulation.

The exchanges have submitted amendment proposals requesting the removal of this restriction, arguing that this regulatory standard, derived from traditional commodity futures, would hinder the listing of small-cap, low-liquidity tokens on compliant exchanges, thereby limiting industry innovation. (crowdfundinsider)