“The Company has received investigative subpoenas and requests from the [U.S. Securities and Exchange Commission] for documents and information about certain customer programs, operations, and existing and intended future products, including the Company’s processes for listing assets, the classification of certain listed assets, its staking programs, and its stablecoin and yield-generating products,” Coinbase said in the 10-Q form.
Source: https://www.coindesk.com/policy/2022/08/10/coinbase-faces-sec-probe-over-crypto-yield-staking-products/?utm_medium=referral&utm_source=rss&utm_campaign=headlines