September 8, 2021

Bitcoin trading has calmed down after a chaotic start in El Salvador; Coinbase Faces Lawsuits

Bitcoin’s volatility eased on Wednesday, a day after El Salvador followed the crypto asset as legal tender https://www. reuters. com/business/finance/el-salvador-leads-world-into-cryptocurrency-bitcoin-legal-tender -2021-09-07, however, there is a risk of a LAWSUIT from the US. USA Opposed to crypto exchange Coinbase https://www. reuters. com/technology/sec-riskens-sue-coinbase-over-crypto-lending-programme-2021-09 -08 Global Inc highlighted the bumpy path for cryptocurrencies. The Securities and Exchange Commission issued a notice from Wells on Coinbase, stating that the U. S. regulator has issued a notice from Wells. USA It will sue if the cryptocurrency exchange proceeds with the launch of its “Loan” product that has interest for cryptocurrencies. Coinbase said it would delay the launch until at least October.

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