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 »

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You mean 'the banks commission '

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