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

Coinbase @coinbase CEO Brian Armstrong @brian_armstrong stated on X: "Given that approximately 1 million tokens are created every week and this number continues to grow, we need to rethink Coinbase's token listing process. While quality issues do exist, evaluating each token individually is no longer feasible. Regulators need to understand that it's completely impractical to approve each one of these (they cannot handle 1 million each week). It needs to shift from an allow list to a block list and utilize customer feedback/automated scanning of on-chain data, among other methods, to help customers filter choices.
Additionally, we will continue to further integrate native DEX support. Customers do not need to know or care whether the transaction is taking place on a DEX or a CEX."