Coinbase CEO "Reconsideration of Listing Process Needed... Plans to Integrate Native DEX"

Source
YM Lee

Summary

  • Brian Armstrong, CEO of Coinbase, emphasized the need to reconsider the process of creating listing lists.
  • Armstrong stated that tokens should be filtered using customer reviews and automated on-chain data scans.
  • He announced plans to deeply integrate support for native decentralized exchanges (DEX).

Brian Armstrong, CEO of Coinbase, mentioned the need to reconsider the exchange listing process.

On the 26th (local time), Brian Armstrong stated on his X (Twitter), "We need to rethink the process of creating listing lists. Currently, over a million tokens are being created weekly, and it's become impossible for exchanges or regulators to evaluate them one by one. We should support self-filtering using customer reviews and automated on-chain data scans," he conveyed.

He added, "We plan to deeply integrate support for native decentralized exchanges (DEX), and in the future, customers won't need to know whether their trades are happening on a DEX or a CEX."

YM Lee

YM Lee

20min@bloomingbit.ioCrypto Chatterbox_ tlg@Bloomingbit_YMLEE
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