Coinbase Chief Legal Officer: Haven't Completely Ruled Out the Possibility of Base Token

Coinbase Chief Legal Officer: Haven't Completely Ruled Out the Possibility of Base Token
Source: Base

Reported Decrypt, during an interview at the annual Mainnet 2023 summit hosted by Messari, Coinbase's Chief Legal Officer, Paul Grewal, responded to the question of whether "Base will have tokens" by saying, "We haven't completely ruled out this possibility, and I believe tokens could be viable at some point in the future. However, right now, we are not focused on the protocol's economics and tokenization. Regulatory clarity is also very important."

Base has consistently stated that it has no plans to issue tokens since its launch, and recently, its X (Twitter) profile has explicitly mentioned, "We have no plans to issue a new network token."

Stay updated with the most important cryptocurrency news and valuable insights, conveniently delivered to your email every day. Subscribe to the TokenInsight mailing list now!

Prefer social media? Follow us on Twitter, or subscribe to our Telegram channel!

If you have news reports or announcements that you want to reach a wider audience, feel free to email us at news@tokeninsight.com

Source

Base

Layer 2

Related News
Celo launches Dango Layer 2 testnet in first step towards joining Ethereum ecosystem Celo launches Dango Layer 2 testnet in first step towards joining Ethereum ecosystem
Blast to Create a Foundation to Help Protocol Governance Blast to Create a Foundation to Help Protocol Governance
Bitcoin Lightning hacker Burak introduces new layer 2 ‘Brollups’ Bitcoin Lightning hacker Burak introduces new layer 2 ‘Brollups’
Layer 2 network Blast to roll out its token airdrop next week Layer 2 network Blast to roll out its token airdrop next week
ZKSync to Distribute 3.675 billion $ZK tokens to Community ZKSync to Distribute 3.675 billion $ZK tokens to Community
Latest News More More
22 Hours Ago WazirX hacker funnels $149M of SHIB, MATIC other altcoins into ETH
22 Hours Ago Hamster Kombat users targeted by phishing attacks and fake airdrops
1 Day Ago US spot bitcoin ETFs post ninth consecutive day of net inflows
1 Day Ago Indian crypto exchange WazirX exploited for over $230 million
2 Days Ago Trump Says He’ll Release Fourth NFT Collection: 'The People Want Me to Do Another One'
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open