Pollak said he is handing the Base App back to Coinbase to focus on building Base into “the blockchain for global finance” after conceding the network’s push into on-chain social missed the mark. According to Decrypt, pollak said he is handing the base app back to coinbase to focus on building base into “the blockchain for global finance” after conceding the network’s push into on-chain social missed the mark.. The development comes amid ongoing regulatory scrutiny in the sector. Decrypt reports that this marks a significant milestone for the industry. The Decrypt report provides additional context on the implications for market participants and regulatory frameworks moving forward.
