Brian Armstrong, CEO Coinbase, calls for more flexible regulations as they fight exchange to keep pace with the large number of new Altcoins. He stated that about a million symbols are launched per week, making it difficult to evaluate them individually. Coinbase reviews its listing process, as a dedicated team checks all altcoin for the standards of law, compliance and safety. In the future, Armstrong aims to adopt a new approach as all distinctive symbols are allowed by default. Projects will be banned if they receive customer weaknesses or display about the activity on the chain.
