[ad_1]
By Dean Seal (September 10, 2021, 10:07 p.m. EDT) – Revelation that the United States Securities and Exchange Commission is ready to take legal action against Coinbase’s planned cryptocurrency lending program further lowers hopes already down the cryptocurrency industry a softer touch from the regulator.
America’s largest cryptocurrency exchange recently revealed – first in a sharp blog post from its general counsel and a Twitter rant from its CEO, then in a regulatory filing the next day – that it received a Wells notice. of the SEC. The notice was for Coinbase’s planned service, called Lend, to allow customers to lend their holdings of cryptocurrency pegged to the US dollar, …
Stay one step ahead
In the legal profession, information is the key to success. You need to know what’s going on with customers, competitors, practice areas, and industries. Law360 provides the intelligence you need to stay an expert and beat the competition.
Access to case data in articles (numbers, files, courts, nature of trial, etc.) Access to attached documents such as briefs, petitions, complaints, decisions, requests, etc. Create personalized alerts for specific articles and topics, etc. much more!
TRY LAW360 FREE FOR SEVEN DAYS
|
Sources 2/ https://www.law360.com/compliance/articles/1420720/coinbase-probe-shows-sec-game-to-play-hardball-on-crypto The mention sources can contact us to remove/changing this article |
[ad_2]