<p>Coinbase CEO Brian Armstrong posted on X, stating: "Given that approximately 1 million tokens are being created each week and this number continues to grow, we need to rethink Coinbase's listing process. The issue of quality certainly exists, but evaluating each one individually is no longer feasible. Regulators need to understand that it is completely impractical to seek approval for each one (they cannot handle 1 million per week). It needs to shift from an allow list to a block list, utilizing customer feedback and automated scanning of on-chain data to help customers filter. Additionally, we will continue to integrate native DEX support more deeply. Customers do not need to know or care whether the transaction is occurring on a DEX or a CEX."</p>

Odaily Planet Daily News - Coinbase CEO Brian Armstrong posted on X, stating: "Given that approximately 1 million tokens are created each week and this number is continually increasing, we need to reconsider Coinbase's listing process. The quality issues do exist, but evaluating each token one by one is no longer feasible. Regulators need to understand that applying for approval for each one is also completely impractical (they cannot handle 1 million every week). It needs to shift from an allow list to a block list, leveraging customer feedback and automated on-chain data scanning to help customers filter. Additionally, we will continue to deepen our integration of native DEX support. Customers should not need to know or care whether the transaction is taking place on a DEX or a CEX."

Coinbase CEO: Given the large number of newly created tokens, we need to reconsider the listing process and will continue to deeply integrate native DEX support.