YOUR BUSINESS AUTHORITY
Springfield, MO
Cryptocurrency exchange and services firm Coinbase revealed the U.S. Securities and Exchange Commission's plans to sue the company.
The notice indicates the SEC will file suit if Coinbase goes through with launching a new product called Lend. The product would allow users to earn a 4% annual yield by allowing Coinbase to lend funds to verified borrowers.
The launch of the product has been delayed until at least October.
Read more from CNBC.
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