For more than a year, Coinbase has been developing a new 'lend' service for its platform. The project seems to be successful. For this reason, recently, Coinbase asked for an opinion for information purposes from the American organization “SEC”, which is in charge of controlling financial markets in the United States.

The only objective of the approach to be taken by Coinbase was to obtain confirmation from the “SEC” regarding this financial product. But instead of getting clearance, Coinbase received severe threats. It’s very surprising, because a lot of American companies have this type of service. In fact, they could be put at risk.

Coinbase has therefore postponed the release of its lending service. The question before us is therefore why the SEC behaves like the Chinese communist government.