Zcash back at Coinbase Pro! Sign of regulatory approval? Better believe it! Privacy coins are going to be legal!

Coinbase Pro Brings Back Zcash, Adds BAT and Dai Pairs In a win for all privacy coins, Zcash will get listed on Coinbase Pro. This comes after ZEC was removed for the crypto exchange's UK customers last year. Key Takeaways Coinbase Pro has announced that will enable support for ZEC/USD, BAT/USD, and DAI/USD order books. Support for Zcash comes after Coinbase delisted ZEC from its UK platform last summer. This could foreshadow listings on other crypto exchanges. Trading will start in phases, beginning on Thursday, Apr. 30. Full trading should begin the following day. Share this article Coinbase Pro announced that it will add three new pairs against USD to its platform—Zcash, Basic Attention Token, and Dai. The inclusion of Zcash may signal a reversal of the exchange’s wary stance after Coinbase removed support for ZEC for its UK customers last year. New Pairs Join Coinbase Pro Coinbase Pro, the division of Coinbase oriented towards more sophisticated traders, has announced three new listings on its platform: BAT/USD, DAI/USD, and ZEC/USD. As with all new listings, trading on the newly introduced order book will begin in phases. The first phase will be a post-only mode, which will then transition to a full trading mode if the company’s metrics for a healthy market are met.  Support for all of the new trading pairs will begin on Thursday, Apr. 30.  Bullish Sign of Zcash? Last year, Coinbase was met with criticism for delisting Zcash from its UK platform. Back in August 2019, newly updated money laundering guidelines from the Financial Action Task Force (FATF) in the EU prompted Coinbase to announce that it would no longer support the privacy-focused coin. Zcash suffered a similar fate on many other markets around the globe, including OKEx and Upbit, as these crypto exchanges tightened up their anti-money laundering policies. However, now that ZEC/USD is available on Coinbase Pro it could very well signal that the worst has passed, and that Zcash can regain listings despite its privacy-oriented features. Moreover, listings on Coinbase Pro are also usually met with short-term rallies, as was the case with Kyber earlier in February, and Algorand last summer. Let the trading begin. Share this article The information on or accessed through this website is obtained from independent sources we believe to be accurate and reliable, but Decentral Media, Inc. makes no representation or warranty as to the timeliness, completeness, or accuracy of any information on or accessed through this website. Decentral Media, Inc. is not an investment advisor. We do not give personalized investment advice or other financial advice. The information on this website is subject to change without notice. Some or all of the information on this website may become outdated, or it may be or become incomplete or inaccurate. We may, but are not obligated to, update any outdated, incomplete, or inaccurate information. You should never make an investment decision on an ICO, IEO, or other investment based on the information on this website, and you should never interpret or otherwise rely on any of the information on this website as investment advice. We strongly recommend that you consult a licensed investment advisor or other qualified financial professional if you are seeking investment advice on an ICO, IEO, or other investment. We do not accept compensation in any form for analyzing or reporting on any ICO, IEO, cryptocurrency, currency, tokenized sales, securities, or commodities. See full terms and conditions.