Brian Armstrong responds to SEC threats to shut down Coinbase yield product

Brian Armstrong responds to SEC threats to shut down Coinbase yield product

Crypto exchange Coinbase CEO Brian Armstrong responded Tuesday evening to planned enforcement by the U.S. Securities and Exchange Commission pertaining to the firm’s recently announced yield-generating product. The firm, which went public on the Nasdaq stock exchange in April, received a subpoena by the SEC less than three months after it announced to the market …

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