It is also about getting the license, according to the Wall Street Journal; Coinbase has reached out to regulators. This exchange commission is about to become a regulated brokerage firm and trading platform.

Licensing Opens the Door to More Altcoins

This San Francisco-based cryptocurrency exchange is reportedly in talks with American Securities. This is the exchange and its other market players will work. As this SEC moves closer to prepare some regulatory framework. By this the SEC has started investigating the ICO.

This bitcoin exchanges are increasingly feeling the pressure from the Wall Street regulator. While SEC chief J. Clayton has recently said that all its ICOs are not frauds. It keeps the exchange in mind that they were also on the radar. Its regulatory agency has also made it clear that its security token should be traded on license exchanges.