Coinbase CEO: SEC Threatened to Sue Over Lending Product
Coinbase CEO Brian Armstrong said the U.S. Securities and Exchange Commission (SEC) is threatening to sue the crypto exchange should it launch its "Lend" product due to concerns it may be a securities offering. "The Hash" panel unpacks the potential repercussions for Coinbase and the wider digital asset space. "What is most striking is how little clarity the SEC is providing," host Naomi Brockwell said.