Wtf @CoinbaseSupport is this re: $GYEN?!?!?!? Are you joking? You suspended trading on this asset 2 years ago and screwed me out of about $4,000. When did you "reenable" it so you could suspend it again?!?!??! Kinda..... nah, certified bullsh*t. #gyen#Coinbase so fair!!!!
Tread carefully @brian_armstrong. There's a certain level of Integrity coinbase has maintained by listing assets that are worth listing. Most people don't understand the volatility of these assets after their initial pump.
We need to rethink our listing process at @coinbase given there are ~1m tokens a week being created now, and growing. High quality problem to have, but evaluating each one by one is no longer feasible. And regulators need to understand that applying for approval for each one is totally infeasible at this point as well (they can't do 1m a week). It needs to move from a an allow list to a block list, and utilize customer reviews/automated scans of onchain data etc to help customers sift through.
That and we'll continue integrating native DEX support more deeply. Customers shouldn't need to know or care whether the trade is happening on a DEX or CEX.