CoinGecko Adds New Section to Track SEC-Deemed Securities
The cryptocurrency data aggregator CoinGecko has introduced a new section on its website to showcase the top 48 crypto assets classified as securities by the US Securities and Exchange Commission (SEC). These digital currencies have a combined market capitalization of over $91 billion, accounting for 7.5% of the total $1.21 trillion cap. CoinGecko has also launched an index to monitor the performance of these SEC-labeled cryptocurrencies.
Key Points:
- Binance Coin (BNB) holds the largest market cap among the 48 coins, exceeding $37 billion.
- Other top assets in the list include Cardano (ADA), Solana (SOL), Tron (TRX), and Polygon (MATIC).
- These five tokens represent over 75% of the total market capitalization of the featured coins.
- CoinGecko’s move to include this new feature stems from the SEC’s legal actions against industry giants Binance and Coinbase.
- It is important to note that the index does not encompass all the assets classified as securities by the SEC.
Hot Take:
CoinGecko’s addition of a section dedicated to SEC-deemed securities reflects the growing regulatory scrutiny in the cryptocurrency space. By providing users with easy access to information on these assets, CoinGecko aims to keep crypto enthusiasts informed and navigate the evolving regulatory landscape. As the SEC continues to enforce compliance, the inclusion of more assets and the potential impact on the market remains a topic to watch.
By
By
By
By
By