Crypto exchange coinbase will stop issuing loans via Coinbase Borrow on May 10. cheyenneligon and nikhileshde report
Customers of the U.S.-based exchange who used the program – which allowed customers to borrow fiat loans up to $1 million against as much as 30% of their bitcoin holdings, with interest – received an email on Wednesday informing them that the last day to take out new loans would be May 10.
However, the closure of Coinbase Borrow seems – at least for now – to be unconnected to any enforcement action. A person familiar with the matter told CoinDesk the closure of Coinbase Borrow had nothing to do with either pending or past troubles with the SEC.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Pony Bradshaw Is Country Music's Newest RamblerLike Hank and Merle before him, Pony Bradshaw is a country music rambler — he’s also an artist you should know.
Weiterlesen »
Federal Reserve says it may stop interest rate hikes as banking concerns lingerFederal Reserve Chairman Powell says the Fed 'may not be far off, or possibility even at' the level where it may not have to raise rates further.
Weiterlesen »
Coinbase, crypto industry hope new Supreme Court doctrine is silver bullet(The opinions expressed here are those of the author, a columnist for Reuters.)
Weiterlesen »
Coinbase faces suit over alleged privacy violations in biometrics collectionA lawsuit filed against Coinbase claimed the exchange violated an Illinois privacy law with how it collected and stored information on users' fingerprints and facial scans used for logging into the platform and KYC checks.
Weiterlesen »
Cathie Wood's Ark Invest buys another $8.4 million in Coinbase sharesArk Invest added 168,869 Coinbase shares, worth over $8.4 million, to its Innovation, Next Generation Internet and Fintech Innovation ETFs.
Weiterlesen »
Coinbase complaint calls crypto exchange's KYC procedures 'unlawful'A legal complaint alleges Coinbase violated Illinois' biometric privacy laws through its Know Your Customer checks and related data storage.
Weiterlesen »