New Delhi, Jan. 26 -- Brian Armstrong, the CEO of cryptocurrency exchange Coinbase Global Inc. shared that the company needs to "rethink" how it lists and evaluates various coins as a host of new tokens are created each week.

"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," he wrote on social media platform X (formerly known as Twitter) on January 26.

Armstrong also noted that regulators need to step up and help customers swift through the barrage of tokens in the market. Writing: "And regulators need to understand that applying for approval for each one is totally infeasible at this ...