Coinbase Faces Potential SEC Lawsuit

Bloomberg Markets and Finance
Sep.08 — There is a battle brewing between crypto-exchange Coinbase Inc. and the U.S. Securities and Exchange Commission. The regulator is threatening to sue Coinbase if it launches a new product that allows users to earn interest on the digital assets. Coinbase CEO Brian Armstrong is calling the SEC’s approach sketchy. Bloomberg’s Su Keenan reports on “Bloomberg Daybreak: Asia.”