0xFBL Yes. By default now they see every asset (besides spam filtered ones I think), we'd just offer a way to Hide any asset, for example on its asset page.

Practical use cases: rugpulled token worth almost nothing now, spammy tokens/NFTs you shouldn't interact with but aren't already on spam lists.

The list of hidden assets could be managed in Settings, to show/hide assets in the wallet if we don't want to add clutter on the Wallet/Dashboard.

The balance threshold filter currently in Settings can work in some cases to achieve some of these goals but it's really broad, and might make you miss an asset that you'd want to see and isn't valued yet for example.

Coinbase Wallet handles this as shown in the attached screenshots (note: the information about where to find the "Hidden assets" list only appears the first time you use the feature, the following assets you hide you only get a toast notification at the bottom, with a undo link in case it was a mistake).

EDIT: Actually they also spam filter a lot of asset by default and that menu allows users to manually show these assets if they want, which I'd say gives more control to users (a kind of feature I enjoy in wallets... make things simple by default, allow more exotic use cases in settings)

Fireb0mb1 seems like this could be a community-driven blocklist feature

Nate Mills It could be but it would be a very extended goal considering we generally avoid storing settings/data server-side.