Interest-bearing crypto crackdown is bigger than Coinbase



Earn from Dean Seal (2 crypto products.

The largest U.S. cryptocurrency exchange silently canceled its proposed lend program about two weeks after Coinbase executives claimed in online posts that the federal securities regulator had raised concerns about the program – which would have allowed customers to sell their holdings of cryptocurrencies Lending the US dollar in exchange for 4% interest – securities laws implied.

The SEC announced that it intended …

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