Author Topic: Regulatory Compliant Gemini Sees SHIB as Safe to List  (Read 576 times)

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Regulatory Compliant Gemini Sees SHIB as Safe to List
« on: November 16, 2021, 12:11:24 PM »

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Considering Gemini’s reputation of regulatory compliance, its listing of meme token Shiba Inu could help boost the performance of the coin significantly.
The Shiba Inu community has for some time now been urging the commission-free trading platform Robinhood to list their favorite coin. The petition on Change.org for Robinhood to list Shiba Inu has garnered over 531K signatures.
In an interview with CNBC, Robinhood’s CEO, Vlad Tenev, said the exchange is mindful of the regulatory concerns on crypto, and therefore critically reviews coins before addition.
Robinhood’s COO Christine Brown also stated that the short-term gain of adding SHIB may not be worth the long-term trade-off for users. Brown added that they are approaching the situation with a “safety-first” mindset.
Crypto exchange Kraken had promised to begin listing of SHIB in October. Kraken, however, did not fulfil its promise, making it another exchange together with Robinhood that is dilly-dallying of the SHIB listing.

 

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