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Jim Cramer: What Coinbase and PayPal Have in Common

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How's Coinbase looking?

"For one of his "Executive Decision" segments, Cramer checked in Alesia Haas, CFO of cryptocurrency exchange Coinbase Global (COIN) - Get Report, which dipped 6.5% Thursday," wrote TheStreet's Scott Rutt in his Mad Money recap. "Haas said that cryptocurrencies are attracting investors of all ages, demographics and geographies. They are quickly becoming an appealing asset class for all investors. While bitcoin is the oldest and most well-known, Haas noted that there's a long tail of other currencies and Coinbase aims to become a platform to trade all assets that meet their listing standards."

"When asked about those standards, Haas said that Coinbase has always worked closely with regulators and encourages increased regulation to ensure there is trust in the system and a level playing field for everyone," he continued. "Is cryptocurrency here to stay? Haas said she sees it becoming mainstream, but also sees it evolving. That's why they continue to promote educational resources on their website to help everyone learn more."

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