Financial Investment Services, Securities/Commodity Exchange Activities, Banking/Credit, Cryptocurrency Exchanges, Financial Services, Financial Technology, Investing/Securities, Technology, Virtual Currencies/Cryptocurrencies, Regulation/Government Policy

Financial Investment Services, Securities/Commodity Exchange Activities

Coinbase Won’t Offer Lending Product Questioned by SEC

Coinbase has opted not to offer a cryptocurrency product that drew scrutiny from the Securities and Exchange Commission

9/21/2021 12:45:00 AM

Coinbase has opted not to offer a cryptocurrency product that drew scrutiny from the Securities and Exchange Commission

The company had planned to add a product that would have allowed customers holding a digital token called USD Coin to earn interest by lending it to other cryptocurrency traders.

Sept. 20, 2021 4:30 pm ETWASHINGTON— Coinbase Global Inc. won’t offer a lending program that drew the threat of enforcement action from U.S. regulators. Read more: The Wall Street Journal »

Lucy: The First Mission to Jupiter’s Trojans

NASA.gov brings you the latest images, videos and news from America's space agency. Get the latest updates on NASA missions, watch NASA TV live, and learn about our quest to reveal the unknown and benefit all humankind.

You mean 'the banks commission '

Coinbase drops plans to launch interest product after CEO's SEC commentsCoinbase halted plans to launch an interest-earning product two weeks after it took the SEC to task on Twitter for its lack of guidance on the matter.

Here are Monday's biggest analyst calls of the day: Apple, Coinbase, Nike, Peloton, Salesforce & moreAnalyst call of the day for CNBCPro subscribers: Morgan Stanley reiterates Apple as overweight, saying that “early iPhone 13 data points points to year over year growth this cycle.” Subscribe to see the analyst calls of the day curated by CNBC Pro. Pro Pro Tim Cook was worth every penny of that $750 million bonus. LOL Pro 💲MorganStanley💲 is an institutional investor of $ZOM. Zomedica has several major institutional owners including 💲SwissNationalBank💲 $ZOM $ZOM $ZOM Biotechnology

Charlotte Tilbury's beauty advent calendar is the party season treat we really wantIt’s full of products you’ll actually use

Emma Mackey hints that she won’t return for Sex Education season fourEmma Mackey stars as Maeve in Sex Education - but for how much longer?

House Democrats Are Too Chicken To Boost Billionaires' Taxes, Says Robert ReichBillionaires pretty much get a pass in the tax-hike proposal, even though their wealth has increased 62% in the pandemic, wrote the former U.S. labor sec... Yeah yeah yeah. Anyone who’s even half awake knows that both sides have corporate masters. Owned. They are owned. Average Americans have no representation in government. None. No lobbyists. No PACs. No donors. No voice. And no choice.

The Future of TV News Won’t Be on TVNew VIP+ Analysis: The way younger Americans consume news is markedly different to traditional methods — as is their overall interest. Young adults may not park themselves in front of the big tv for hours, but that may not be an indication that they are uninformed. Consider the gullibility of many older viewers who are addicted to cable news. 15-29 isn’t a time when many of us care about the worries of the world. These stats aren’t surprising. Younger Americans never do. They're busy living. But they will care, when they settle in to the routine of life. Just like the rest of us.