YOUR BUSINESS AUTHORITY

Springfield, MO

Log in Subscribe

Coinbase reveals SEC plans to sue

Posted online

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.

Comments

No comments on this story |
Please log in to add your comment
Editors' Pick
Fall 2026 Architects & Engineers Project Report

This installment of Springfield Business Journal’s Architects & Engineers Project Report showcases 26 endeavors by area design and engineering professionals.

Most Read
Update cookies preferences