The hands-off regulatory position the U.S. Securities and Exchange Commission (SEC) has long taken when it comes to managing cryptocurrencies appears to be coming to an abrupt end.
On Tuesday, Coinbase co-founder and CEO Brian Armstrong went public with the battle he says the SEC has now picked with his company’s proposed lending product. In a long thread on Twitter, Armstrong chronicled his attempts to work with the SEC to explain how the company’s customers would be able to earn interest on…
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