SEC Faces Backlash After Threatening Legal Action Against Coinbase Over Lending Product
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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