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This week i built: Coinbase’s role in ensuring compliance, given its status as a public company.
As a publicly traded company, coinbase must follow strict rules to ensure transparency and trust, which influences how it manages its layer 2 blockchain, Base. Coinbase verifies user identities, monitors for illegal activities, and complies with privacy laws to keep Base safe and secure. It regularly report to Government agencies, offering transparency that builds trust with investors and regulators. Coinbase also guides developers on legal standards, works closely with regulators to explain Base's operations, and reassures investors by managing risks carefully. By setting a high compliance standard, Coinbase helps shape a safer blockchain industry overall.
https://link.medium.com/uT3BYNTcwOb
@kabir @seneca @base @statuette @jessepollak @saxenasaheb @wbnns 3 replies
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