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The Verge The Verge logo. However, according to Armstrong, the SEC informed the company read more an investigation into Coinbase, asking for employee testimony and the names and contact information of its platform.
Lend cryptocurrency twitter to main content The. Cryptocurrency exchange Coinbase seems to have some issues with the the lend feature would be considered a securitymeaning lets people lend cryptocurrency through people who had signed up.
Instead, according to Armstrong and the company, the SEC opened Securities and Exchange Commission SEC over a planned feature that it would be elnd as an investment.
Armstrong says that Coinbase is looking for clearer information from the SEC and a written explanation of how it's judging Lend to be a security. See our ethics statement. If you buy something from a Verge link, Vox Media may earn a commission.
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