Jesse Pollak, who leads Base and Coinbase Wallet, revealed that Coinbase is considering integrating its staking services into Base, the Ethereum layer-2 network developed by the company.
Although no formal plans are in place yet, the initiative is in its early exploration phase, with the team assessing regulatory requirements for a compliant rollout.
Pollak shared that a key focus is determining how to enable secure and compliant on-chain transactions for assets like COIN within the Base ecosystem.
He acknowledged the complexity of such an integration, describing it as a significant challenge that will require careful planning and regulatory advancements.
Currently, COIN is available only to non-US users through platforms like Backed, a project that tokenizes real-world assets. Pollak emphasized the need for clearer regulatory guidelines to make such offerings widely accessible, particularly to US citizens.
He expressed hope that evolving regulations will support broader adoption of on-chain platforms in the future.
Popular decentralized exchange Raydium is branching out to launch its own memecoin platform called “LaunchLab,” designed to rival Pump.fun.
A significant transfer has just taken place in the crypto world—one billion USDT (Tether) has been minted and moved from the Tether Treasury to HTX, the prominent Asian exchange formerly known as Huobi.
At a recent White House Digital Summit, Sergey Nazarov, co-founder of Chainlink, shared insights into the U.S. administration’s evolving stance on cryptocurrency.
While Bitcoin and other altcoins have been experiencing consistent declines, Solana has seen some of the most significant drops in recent weeks, reaching as low as $110.