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3232First for SEC: Crypto Lending Platform Charged — Blockfi Agrees to Pay $100 Million in Penalties
https://www.digit.info/first-for-sec-crypto-lending-platform-charged-blockfi-agrees-to-pay-100-million-in-penalties/
Mon, 14 Feb 2022 23:30:50 +0000https://www.digit.info/2022/02/14/first-for-sec-crypto-lending-platform-charged-blockfi-agrees-to-pay-100-million-in-penalties/Read more]]>The U.S. Securities and Exchange Commission (SEC) has charged cryptocurrency lending platform Blockfi in a first-of-its-kind action. The crypto lender has agreed to pay $100 million to settle the charges and pursue necessary registrations. SEC Charges Crypto Lending Platform Blockfi The U.S. Securities and Exchange Commission (SEC) announced Monday that crypto lending platform Blockfi has […]
]]>Coinbase Abandons Plan to Launch Lend Program After SEC Threatens Lawsuit
https://www.digit.info/coinbase-abandons-plan-to-launch-lend-program-after-sec-threatens-lawsuit/
Tue, 21 Sep 2021 15:15:18 +0000https://www.digit.info/2021/09/21/coinbase-abandons-plan-to-launch-lend-program-after-sec-threatens-lawsuit/Read more]]>The Nasdaq-listed cryptocurrency exchange Coinbase has dropped its plan to launch a lending program after the U.S. Securities and Exchange Commission (SEC) threatened to sue the company. Coinbase Will Not Launch Lending Program Coinbase announced Friday that it has decided not to launch the Lend program. The exchange wrote: Our goal is to create great […]
]]>US SEC Threatens to Sue Crypto Exchange Coinbase, CEO Brian Armstrong Responds
https://www.digit.info/us-sec-threatens-to-sue-crypto-exchange-coinbase-ceo-brian-armstrong-responds/
Wed, 08 Sep 2021 13:49:26 +0000https://www.digit.info/2021/09/08/us-sec-threatens-to-sue-crypto-exchange-coinbase-ceo-brian-armstrong-responds/Read more]]>The U.S. Securities and Exchange Commission (SEC) has threatened to sue the Nasdaq-listed cryptocurrency exchange Coinbase over its lending product. The exchange says, “We don’t know why … We got no explanation from the SEC.” Coinbase Threatened by SEC Coinbase revealed Tuesday that it received a Wells notice from the SEC last Wednesday about its […]