Thursday, 29 July 2021

New Jersey’s Order Against Blockfi Extended, Vermont Issues Notice to Crypto Lender

Technology Manias - EᐯEᖇYTᕼIᑎG YOᑌ ᑎEEᗪ IᑎᗪEEᗪ

On July 28, Zac Prince, the CEO of crypto finance firm Blockfi, explained that the company has been “engaged in a productive discourse” with U.S. regulators. Prince further said the New Jersey Bureau of Securities had extended the state’s previous order to September 2. Meanwhile, the company also has issues with Vermont’s Department of Financial Regulation (DFR), as the state’s DFR commissioner filed an order against the firm’s Blockfi Interest Accounts (BIAs). Garden State Regulators Give Blockfi an Extension, Vermont Issues Regulatory Complaints Four states have taken issue with Blockfi’s…

The post New Jersey’s Order Against Blockfi Extended, Vermont Issues Notice to Crypto Lender appeared first on Technology Manias.



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