<h2>Coinbase Inc has Started Plans for a Stock Market Listing</h2> <a href="https://icarussignals.com/wp-content/uploads/2020/07/Coinbase_Inc_has_Started_Plans_for_a_Stock_Market_Listing.png" data-elementor-open-lightbox="yes" data-elementor-lightbox-title="Coinbase_Inc_has_Started_Plans_for_a_Stock_Market_Listing" data-elementor-lightbox-description="C:UsersRheaDesktopWork3 GETCFeatured ImageCoinbase_Inc_has_Started_Plans_for_a_Stock_Market_Listing.png"> <img width="300" height="191" src="https://icarussignals.com/wp-content/uploads/2020/07/Coinbase_Inc_has_Started_Plans_for_a_Stock_Market_Listing-300x191.png" alt="C:UsersRheaDesktopWork3 GETCFeatured ImageCoinbase_Inc_has_Started_Plans_for_a_Stock_Market_Listing.png" srcset="https://i0.wp.com/icarussignals.com/wp-content/uploads/2020/07/Coinbase_Inc_has_Started_Plans_for_a_Stock_Market_Listing.png?resize=300%2C191&ssl=1 300w, https://i0.wp.com/icarussignals.com/wp-content/uploads/2020/07/Coinbase_Inc_has_Started_Plans_for_a_Stock_Market_Listing.png?w=440&ssl=1 440w" sizes="(max-width: 300px) 100vw, 300px" /> </a> <p>Reuters - Coinbase Inc has started plans for a stock market listing that could come as early as this year, making it the first major U.S. cryptocurrency exchange to go public, according to three people familiar with the matter. The listing would need the U.S. Securities and Exchange Commission’s (SEC) blessing. Were the watchdog to greenlight it, it would represent a landmark victory for cryptocurrency advocates vying for mainstream endorsement. Coinbase could pursue the listing later this year or early next year, the sources said, cautioning that the plans are still subject to change. The company has not yet registered its intention to go public with the SEC, but has been in talks to hire investment banks and law firms, the sources added.
The sources requested anonymity because the listing preparations are confidential. Read more…………..
Chart Of The Day
Financial analyst Gary Shilling says the stock market could be set for a big pullback similar to the decline in the 1930s during the Great Depression. He explains how the coronavirus pandemic will result in long-term structural changes in the economy.