Jesse Pollak, a core developer of Base, has called for Coinbase to list as many cryptocurrencies as possible starting from Base.
He believes the US-based crypto exchange should also expand beyond Base to include a wide range of coins, covering everything from experimental projects to well-established tokens.
Pollak wants to see more early-stage launches, long-term projects, meme coins, useful tokens, cultural assets, decentralized finance (DeFi) tokens, and blockchain networks.
He argues that the current approach limits the number of listed coins and that the industry needs more abundance, not scarcity.
He backs Coinbase CEO Brian Armstrong’s vision for scaling the platform, which involves three key steps: adopting a blocklist instead of an allowlist, integrating decentralized exchanges (DEXs), and introducing customer reviews.
However, Pollak acknowledges that these changes will take time. In the meantime, the Coinbase Assets team is working to speed up the listing process and improve how new tokens are added.
This statement from Jesse comes after Coinbase CEO Armstrong said on X that there’s a need to change how tokens are listed on Coinbase because of the massive numbers launched every week.
He explained that it’s hard to check each token listed, and regulators can’t approve them all. Instead of using an allow list, he suggested that the industry use a method where only bad tokens are blocked while reviews and scans are used to help users.
Armstrong also noted that Coinbase will keep improving DEX support so customers don’t need to worry about where their trade happens.
In addition to Armstrong, CZ, the former CEO of Binance, has advocated for a change in the listing process of tokens on exchanges, beginning with Binance. He asked that tokens be listed on centralized exchanges just as they are on decentralized exchanges.
Every day, hundreds of crypto tokens are launched, particularly memecoins on platforms like pump.fun, raising safety concerns for users. Determining which projects are legitimate remains a challenge.
One key issue is the lack of clear regulations governing token issuance across various jurisdictions. At the same time, there’s an ongoing debate about balancing innovation with regulation. The ultimate goal is to find common ground that allows the industry to move forward.
