Inspection Reason

East Asia and North America (especially the United States) are the world’s two largest cryptocurrency markets, with trading volume accounting for about half of the global market. Compared with their East Asian counterparts, US exchanges are subject to stricter supervision and the country is home to the world's largest crypto exchange Coinbase. In order to help investors better understand the country’s cryptocurrency exchanges, the inspection team went to the U.S. for a field visit.

Inspection Process

The business visited this time is COINLIST, a cryptocurrency exchange, whose address is 850 Montgomery Street Suite 350 San Francisco, CA.

The inspection personnel arrived at the destination, a building at 850 Montgomery Street in a busy commercial district.

The name of COINLIST was clearly seen on the directory signs in and outside the building, which show that the exchange is on the third floor. Since that it was a private property, the investigators couldn’t gain access and had to end this trip. 

Inspection Summary

The investigators went to San Francisco for a visit to the cryptocurrency exchange COINLIST and confirmed that its office does exist at the alleged office building. Investors are advised to choose this exchange after full consideration.

Inspection Statement

The above content and opinions are for reference only and advised not to be taken as the basis for decision making.