Coinbase Gave the First Signal for “Base Token”!

USA’s largest cryptocurrency stock exchange coinbase The eagerly awaited release at the end of February Ethereum layer-2 solution Base had announced.

Coinbase said in a statement that it had no plans to issue a new token on the Base network.

However, those who participated in Messari’s Mainnet event Coinbase Chief Legal Officer Paul Grewal He said that there is a possibility of issuing a new token on the Base network.

On this point, Paul Grewal said:

“The idea of ​​issuing a new token on the Base network is not something we are completely ignoring.

I think a token may be issued at some point in the future.

For now, Coinbase’s focus is on making tools and technology available for users to try.

“Coinbase’s goal has always been to expand opportunity and provide the tools and technology to enable others to use their creativity.”

Commenting on Coinbase’s call the other day for 52 million US citizens who own cryptocurrencies to be decisive in the election results, Grewal said that their aim is to promote regulations that will strike the right balance between encouraging innovation and keeping consumers and investors safe.

*This is not investment advice.

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