Coinbase, the largest crypto exchange in the US, filed a lawsuit against the Securities and Exchange Commission (SEC) on Monday, seeking regulatory clarity. The lawsuit comes after the SEC threatened to sue Coinbase over its proposed Lend program, which would allow customers to earn interest on their crypto holdings. Coinbase argues that the SEC has failed to provide clear guidance on the regulatory status of crypto assets and that the agency's actions are "unlawful and unfair." In response to the lawsuit, Coinbase CEO Brian Armstrong minted an NFT and called on the crypto community to "Stand With Crypto" in the fight for regulatory clarity. (coingape)
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Coinbase CEO Launches “Stand With Crypto” NFT
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