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Coinbase scraps plans for lending asset

Coinbase Global Inc has scrapped its plan to launch an interest-yielding USD Coin lending program, the cryptocurrency exchange said in a blog post.The move comes days after U.S. regulators said it would sue Coinbase if it went ahead with its program allowing users to earn interest by lending digital assets. As we try to keep up with the crypto, CNBC Africa is joined by Paul Domjan, Author of Chain Reaction, how blockchain will transform the developing world.
Tue, 21 Sep 2021 15:00:06 GMT