Tag Archives: coinbase borrow

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Coinbase Borrow – the official lending protocol of Coinbase, one of America’s largest and most popular digital currency trading platforms – has ceased all operations. Coinbase Borrow Closes Its Doors Permanently The end for Coinbase Borrow arrived on May 10. This was the last day on which customers could take...

The reason behind the exchange’s decision is not clear. According to those familiar with the matter, closing the service is not linked to the scrutiny from SEC which has alleged that Coinbase was offering and trading unregistered securities, thereby violating federal securities laws.  Crypto exchange Coinbase Inc (NASDAQ: COIN) has announced its decision to stop issuing loans through its Coinbase Borrow service where Bitcoin (BTC) has been serving as collateral. Starting from May 10,...