Coinbase CEO Brian Armstrong has announced a need to overhaul the cryptocurrency exchange's token listing process due to the rapid influx of approximately one million new tokens being created weekly. Armstrong proposed transitioning from the current "allow list" model, where tokens are individually evaluated for approval, to a "block list" approach. This new system would allow tokens by default unless flagged for issues, leveraging customer reviews and automated scans of on-chain data to identify risks. Armstrong emphasized that the current process is unsustainable and called for regulatory innovation to adapt to the growing scale of the crypto market. He also highlighted plans to deepen integration with decentralized exchanges (DEX) to enhance user experience. The move comes amidst criticism of Coinbase's token policies, including backlash over the listing of low-quality tokens like TRUMP and MELANIA coins. Additionally, Justin Sun criticized Coinbase for its lengthy review process, noting that TRX has been under review for seven years. Armstrong's statements reflect the challenges of balancing rapid innovation with the need for regulatory compliance and user protection.