U.S.-based cryptocurrency exchange Coinbase has contracted with the Department of Homeland security. The value is $455,000 for one year, which can extend to $1.4 million total through 2024. The analytics software will be used by the DHS Immigration and Customs Enforcement agency. Meanwhile, the SEC has threatened to sue the exchange for its planned crypto lending product, which was initially scheduled to release this year. But the exchange has tabled its plans to launch the product, citing “sketchy behavior””]
Source: https://www.cuinfosecurity.com/coinbase-contracts-dhs-for-blockchain-analytics-a-17586