Coinbase cancels lending product due to SEC threat
Coinbase has announced plans to discontinue its Lend product after being pressured by the SEC.
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Read Coinbase news, including earnings, legal cases, product launches, listings, policy advocacy, and exchange market developments.
Coinbase has announced plans to discontinue its Lend product after being pressured by the SEC.
Oluwapelumi Adejumo 2 min read
Coinbase has secured a partnership with the Immigration and Customs Enforcement (ICE) office to use its analytics tool for $1.36 million.
Crypto natives say Bitcoin and other cryptocurrencies are primed for an explosive year ahead, and a recent bond sale adds fuel to that fire.
Despite the SEC announcing a tougher grip on crypto, industry insiders and law experts call out the agency for its despotic approach.
The US SEC has warned Coinbase it intends to sue the company over a new lending product that is yet to launch, but gave no feedback and explanation why.
A user lost a big chunk of crypto savings after their account got hacked to the tune of thousands of dollars.
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