Coinbase CEO Proposes Overhaul to Token Listing Amid Token Surge

Reported 2 days ago

Coinbase CEO Brian Armstrong announced a major overhaul of the company's token listing process in response to the creation of approximately one million new tokens weekly. He proposed changing from an allow-list to a block-list system, including customer reviews and automated data scans to streamline evaluations. Armstrong emphasized the need for a sustainable approach given the rapid influx of tokens and urged regulators to adapt accordingly. His comments also addressed criticisms of Coinbase's listing policies and highlighted efforts to integrate more closely with decentralized exchanges to enhance user experience.

Source: YAHOO

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