According to Cryptoslate, Coinbase co-founder and CEO Brian Armstrong said that the company's latest Ethereum L2 network Base may adopt transaction monitoring and anti-money laundering measures, saying that Base will have some "centralized components" Becoming more and more decentralized over time, and now requiring accountability in terms of transaction monitoring, means that while Base will be open to all developers, it will eventually become "the home for on-chain products on Coinbase," as Coinbase speculates. Any existing products that integrate with Base will maintain their original KYC/AML measures.