Coinbase CEO: Has shared the internal listing review framework with the U.S. SEC, and he does not participate in listing decisions

ChainCatcher news, Coinbase CEO Brian Armstrong stated in an interview with The Wall Street Journal that there is a dedicated committee within Coinbase responsible for reviewing the listing of new tokens. The committee considers the compliance of token projects, the founding team, and determines whether they fall under securities or commodities based on an internal review framework.

Brian Armstrong emphasized that this internal framework has been shared with the SEC.

Additionally, Armstrong himself does not participate in the specific decision-making regarding token listings and is not a member of the listing review committee; he is only responsible for participating in the development of the internal framework. (Source link)