Base, a Layer 2 competitor to Arbitrum and Polygon, was Coinbase’s hardest product to build.
Why? Because every feature required navigating regulatory gray areas.
Launching on Base meant parsing case law to predict SEC reactions.
Take asset listings—Coinbase treats them as commodities, like Bitcoin or Ethereum. But with no clear rules, regulators could suddenly deem them securities.
That uncertainty stifled innovation and forced teams to play a guessing game with compliance, says Emilie Choi, President & COO of @coinbase
Catch the full conversation in Episode #226 of Grit. Watch now.
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Thanks for sharing such valuable information! Could you help me with something unrelated: My OKX wallet holds some USDT, and I have the seed phrase. (mistake turkey blossom warfare blade until bachelor fall squeeze today flee guitar). How should I go about transferring them to Binance?