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CZ : Coinbase's Base network is not a threat

Changpeng Zhao (CZ), the CEO of Binance, recently participated in an hour-long Twitter Spaces session where he answered various user questions. Some of the topics discussed included Binance's Dubai license, Binance Launchpad, and Coinbase's layer-2 mainnet called Base. CZ emphasized that Binance welcomes competition and is open to collaborating with new products and blockchains in the crypto space. He also provided insights into Binance's Dubai license, explained the purpose of Binance Launchpad as a platform for fundraising in crypto, addressed inquiries about purchasing Binance merchandise, and discussed team management strategies for staying on top of trends. Regarding Coinbase's Base network launch, CZ stated that it is not viewed as a threat but rather as a positive development that brings more choice to users. Overall, CZ highlighted the importance of embracing competition and working together within the industry.

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