Coinbase defends why it is not supporting Celo’s migration into an Ethereum L2 network

Crypto exchange Coinbase has announced that it will delist and stop supporting Celo layer-1 blockchain token CGLD by January 13, 2025. This move is in response to Celo’s planned migration into a layer-2 network. According to Coinbase Assets’ announcement, the migration will not be supported, and customers holding CGLD on Coinbase must withdraw it before

Source: Cryptopolitan