Coinbase conducts a strategic culling: These cryptos disappear from the platform

The American exchange platform Coinbase continues its restructuring with the strategic removal of certain cryptocurrencies from its list. These decisions come in a particularly turbulent context for the company, just days before its historic entry into the S&P 500 index.

In summary

Coinbase removes several assets from its platform, including the Movement token (MOVE), the Gemini Dollar (GUSD), and GYEN.

The platform plans the upcoming launch of wrapped versions of major cryptocurrencies (cbADA, cbDOGE, cbLTC, cbXRP).

Coinbase expands its territorial offering by making Coinbase Wrapped Staked Ethereum (CBETH) accessible to residents of the state of New York.