Following SEC lawsuit threat, Coinbase cancels launch of ‘Lend’ product

Published Sep 20 2021 at 5:25 PM GMT
  • Coinbase efforts to play hardball with the Securities and Exchange Commission didn’t last too long.
  • The cryptocurrency exchange had garnered the ire of the regulatory commission over its plans to launch a crypto lending product, with the SEC sending the company a Wells notice which indicated that the agency would sue Coinbase if they launched.



  • Published Sep 20, 2021 5:25 PM GMT