Brian Armstrong says Coinbase needs to ‘rethink’ its token listing process
Brian Armstrong, CEO of Coinbase, says the exchange needs to “rethink” its token listing process to keep up with the surge in new token creation,
Brian Armstrong, CEO of Coinbase, the largest cryptocurrency exchange in the United States, has proposed rethinking the company’s asset listing process in response to the surge in token creation.
In a Jan. 24 X post, Armstrong noted the challenges posed by the exponential growth of new tokens.
“We need to rethink our listing process at Coinbase, given there are ~1 million tokens a week being created now, and growing,” Armstrong wrote. He said that manually evaluating each token is no longer feasible and called for regulators to adopt a more pragmatic approach.
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Author: Mehab Qureshi
