Coinbase Faces SEC Probe Over Crypto Yield, Staking Products

Exchange Coinbase Rallies Ahead of Q2 Results, but Major Questions Remain

“The Company has received investigative subpoenas and requests from the SEC for documents and information about certain customer programs, operations, and existing and intended future products, including the Company’s processes for listing assets, the classification of certain listed assets, its staking programs, and its stablecoin and yield-generating products,” Coinbase said in the disclosure.

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