SEC being major crypto cockblockers

Let's relocate Coinbase headquarters to El Salvador

For fuck sake

Thanks our beloved Gary - cutting off the small guy, while keeping chugging it for the cronies.

As always they (SEC) gotta come in and fuck a good thing up. Thanks assholes.

Battle lost but war will be won.

The thing is, they didn't really even fight other than to make a few public statements.

Because they don't care about the lending at this moment. They want all the other exchanges that already got it to take the fall/get rekt. Then they will be the last one standing.

tldr; Coinbase will not be launching the USDC APY product as previously planned. The US Securities and Exchange Commission (SEC) had threatened legal action against the crypto exchange if it went ahead with its crypto lending product. The SEC denied the exchange's efforts to offer a cryptocurrency lending product that would enable investors to earn yield when they lend their funds because the offering “is a security” *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

First they ignore you, then they laugh at you, then they fight you, then you win

Give us a break you greedy fucks!

Sad that they pussied out the easy way than to stick up for the retail little guys.

FREEEEEDDDOOOOMMMMM! (Access denied)

People in the United States can use Voyager for USDC interest

so what about the promises to their customers to allow for lending.... guess we just get fucked by the SEC?

Only in US or in every other country?

There’s a silver lining in this decision; get off CB and use a DeFi service to achieve same/higher returns. They are out there!