SEC Faces Backlash After Threatening Legal Action Against Coinbase Over Lending Product
September 08 2021 - 9:01AM
ZyCrypto
Cryptocurrency exchange Coinbase has been threatened with a lawsuit
by the United States Securities Exchange Commission (SEC) if it
goes ahead to launch its Lending product. This program aims to
offer eligible customers 4% interest on their savings by lending
out USD Coin (USDC) to borrowers. Coinbase CEO Accuses SEC Of
“Sketchy Behavior” In a […] ...
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Threatening Legal Action Against Coinbase Over Lending
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SEC Faces Backlash After Threatening Legal Action
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