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Financial Stability

SEC warns Coinbase over proposed yield product

By Justin Pugsley
September 16, 2021
BRR fallback image

Following a string of crypto-related enforcement actions, the US Securities and Exchange Commission (SEC) is now going after the country’s largest crypto exchange, Coinbase, over plans to launch a lending product

Coinbase Lend envisages its customers earning 4% on their USDC holdings – a dollar-backed stablecoin. In a blog post ...

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