Home Fear & Greed Pools Wallets Dictionary Advertise Facebook Twitter Telegram Reddit Youtube
Market Cap:
24h Vol:
Cryptocurrencies: 12450
Markets: 96130
CoinInsight360.com logo CoinInsight360.com logo
ENG
EST
RUS
TUR
DEU
CHI
KOR
ITA
USD
USD
AED
AFN
ALL
AMD
ANG
AOA
ARS
AUD
AWG
AZN
BAM
BBD
BDT
BGN
BHD
BIF
BMD
BND
BOB
BRL
BTN
BWP
BYN
BZD
CAD
CDF
CHF
CLF
CLP
CNH
CNY
COP
CRC
CUC
CUP
CVE
CZK
DJF
DKK
DOP
DZD
EGP
ERN
ETB
EUR
FJD
FKP
GBP
GEL
GHS
GIP
GMD
GNF
GTQ
GYD
HKD
HNL
HRK
HTG
HUF
IDR
ILS
IMP
INR
ISK
JMD
JOD
JPY
KES
KGS
KHR
KMF
KPW
KRW
KWD
KYD
KZT
LAK
LBP
LKR
LRD
LSL
LYD
MAD
MDL
MGA
MKD
MMK
MNT
MOP
MRU
MUR
MVR
MWK
MXN
MYR
MZN
NAD
NGN
NIO
NOK
NPR
NZD
OMR
PAB
PEN
PGK
PHP
PKR
PLN
PYG
QAR
RON
RSD
RUB
RWF
SAR
SBD
SCR
SDG
SEK
SGD
SHP
SLL
SRD
SSP
STD
STN
SVC
SYP
SZL
THB
TJS
TMT
TND
TOP
TRY
TTD
TWD
TZS
UAH
UGX
UYU
UZS
VES
VND
VUV
WST
ZAR
ZMW
ZWL
A company that is changing the way the world mines bitcoin

WallStreet Forex Robot 3.0
Market Cap
24h Vol
12450
Cryptocurrencies
55.82%
Bitcoin Share
BTC Pulse 2025-01-26 11:43:15

Coinbase CEO Calls for Overhaul of Token Listing Amid Explosion in New Token Creation

Coinbase CEO Calls for Overhaul of Token Listing Amid Explosion in New Token Creation

Coinbase Chief Suggests Rethinking Token Listing as Industry Grows Rapidly The chief executive of Coinbase has called for the reinvention of the cryptocurrency exchange’s process for listing tokens. Remarks by Armstrong came on Jan. 24 via X, formerly known as Twitter, when the crypto world was experiencing a high influx in token creation, with almost 1 million tokens being launched every week. Challenges in the Present System The current listing process at Coinbase includes extensive reviews and compliance checks, but this has become increasingly unsustainable with the number of new tokens emerging. Armstrong says it’s time to move away from the traditional “allow list” to a more scalable “block list” system. He further emphasized the need to incorporate customer reviews and automated on-chain data analysis as a way of filtering tokens for listing. We need to rethink our listing process at Coinbase, Armstrong stated, emphasizing the current system couldn’t keep up with the growth of the industry. Backlash from within the Industry Justin Sun, the founder of Tron, lashed out at Coinbase’s listing policy to indicate that TRX, a top-10 cryptocurrency by market capitalization, has been in review for seven years without getting listed. Sun further alleged that Coinbase had asked for extreme fees to list TRX, including $330 million in assets, a claim that has sparked controversy in the crypto space. “This is not about TRX itself; it’s about Coinbase losing its sense of fairness and sound judgment,” Sun said in a response to Armstrong’s post. Reformist Appeals Crypto influencer Ansem suggested that Coinbase hire industry veterans to smoothen the process for token listings. “Experienced individuals could easily pinpoint the 10 tokens out of a million which deserve immediate listing,” he said, emphasizing practical industry experience for token selection. To the Hybrid Model Armstrong also announced Coinbase’s plans to integrate more deeply with decentralized exchanges. He envisioned a future where customers would have a smooth trading experience, whether the transactions occurred on centralized or decentralized platforms. This hybrid approach aligns with the exchange’s broader mission to adapt to industry shifts. These comments come at a time of optimism for crypto regulation under President Donald Trump’s presidency. During a World Economic Forum appearance in Davos, he focused on how regulative clarity has set the tone and could potentially turn the fate of the crypto industry; hence, the same changes await Coinbase, whose operations go international.

Most Read News



Cryptohopper
Market Cap
24h Vol
55.82%
Bitcoin Share
342
Today News
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.