Brian Armstrong, CEO of Coinbase, calls for more flexible regulations while the scholarship is struggling to follow the large number of new altcoins. He mentioned that around a million tokens are launched each week, which makes their individual evaluation difficult. Coinbase reviews its referencing process, in which a dedicated team checks each altcoin for legal, compliance and security standards. For the future, Armstrong aims to adopt a new approach where all tokens are authorized by default. The projects would be blocked if they received bad comments from customers or if they had information concerning chain activity.
