While SEC rules are hazy, Coinbase's Lend product likely does constitute a security; to avoid SEC oversight, Coinbase would need to be regulated like a bank (Matt Levine/Bloomberg)
While SEC rules are hazy, Coinbase's Lend product likely does constitute a security; to avoid SEC oversight, Coinbase would need to be regulated like a bank (Matt Levine/Bloomberg) https://bit.ly/38QyezJ
While SEC rules are hazy, Coinbase's Lend product likely does constitute a security; to avoid SEC oversight, Coinbase would need to be regulated like a bank — Is lending your Bitcoins a security? — Oh, sure, yes, absolutely. The rule in the U.S. is that an “investment contract,” …
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