Coinbase has refused to support Celo's migration from Layer 1 to Layer 2 on Ethereum, sparking debate in the crypto community.

- Users must withdraw CGLD tokens by January 13, 2025 to avoid losing access.

- The migration via hard fork is scheduled for January 16, 2025.

- Coinbase's decision has been criticized for its potential impact on Ethereum's scaling ecosystem.

Celo founder Marek Olszewski expressed disappointment, noting that it undermines the vision of scaling via Layer 2.