The decision from the US Securities and Exchange Commission (SEC) is another boost to the legitimacy of cryptocurrencies, which are rapidly gaining acceptance from the mainstream financial services industry.
Earlier this week, Visa said it would allow the use of the cryptocurrency USD Coin to settle transactions on its payment network, while PayPal started allowing US consumers to use their cryptocurrency holdings to pay its millions of global online merchants.
A successful listing for Coinbase would mark a significant endorsement for a sector that has struggled to win the trust of mainstream investors, regulators, and the general public.
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Established in 2014, Infratrader started out as a mere broker based in South America but with intentions to serve worldwide. Entering the global market strength, Infratrader invested in AI trading and the MT5 platform integration.
Infratrader is the result of foresight, hard work, and stern business values. All after a journey of encountering the ups and downs of the financial trading industry, emerging stronger, better, and unharmed.
By 2020, Infratrader had already expanded to the Southeast Asia region and obtained the Canada Fintrac License.