A group of crypto trading firms and service providers have joined forces to decide which cryptoassets should be listed on exchanges. The newly created Crypto Ratings Council will decide which assets are most likely to be securities, and therefore should not be listed, using a rating system that assigns a score between one and five, with five meaning the asset is a security. Current members of the council include Anchor Labs, Bittrex, Circle, Coinbase, Cumberland, Genesis Global Trading, Grayscale, Kraken, and Paxos.