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
Polkadot-based Phala Network launches Ethereum Layer 2 rollup Polkadot-based Phala Network launches Ethereum Layer 2 rollup
Omni Network launches 'Core' mainnet to unify Ethereum's fragmented rollup ecosystem Omni Network launches 'Core' mainnet to unify Ethereum's fragmented rollup ecosystem
Ethereum Layer 2 Lisk launches mainnet and announces airdrop plans Ethereum Layer 2 Lisk launches mainnet and announces airdrop plans
ENS Labs introduces own ‘L2-agnostic’ rollup Namechain, aiming for launch by end of 2025 ENS Labs introduces own ‘L2-agnostic’ rollup Namechain, aiming for launch by end of 2025
Base plans to introduce fault proofs this month, aiming for decentralization Base plans to introduce fault proofs this month, aiming for decentralization
Latest News More More
10 Hours Ago Mantra and Damac sign $1B deal to tokenize Middle Eastern assets
10 Hours Ago Fetch.ai launches $10M accelerator for AI agent startups
1 Day Ago Fidelity’s spot bitcoin, ether ETFs post largest daily net outflows since inception
2 Days Ago Coinbase premium flips positive for first time in weeks, indicating rising bitcoin demand from US investors
2 Days Ago Backpack acquires FTX EU, Bitcoin and Ethereum ETFs clock over $1 billion worth of inflows and more
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open