BlockFi Receives Cease and Desist Order From New Jersey Attorney General

Name: BlockFi Receives Cease and Desist Order From New Jersey Attorney General
Uploaded: 2021-07-21T18:56:01Z
Duration: 2 min 154 s
Description: Crypto lending platform BlockFi has received an order from New Jersey’s acting attorney general (AG) to halt its Interest Account (BIA) operations in the U.S. state. CoinDesk’s Nikhilesh De discusses the implications for BlockFi and its clients. Plus, his take on Circle’s breakdown of its assets backing the stablecoin USDC.

Jul 21, 2021

Crypto lending platform BlockFi has received an order from New Jersey’s acting attorney general (AG) to halt its Interest Account (BIA) operations in the U.S. state.

Up Next

10:12

Bitcoin Mining Is About to Get Tougher With Difficulty Primed for Another Sharp Rise.

Oct 7, 2022

04:48

Celsius’ Crypto Customers Face New Challenge in Retrieving Deposits

Oct 6, 2022

Crypto Will See 'a Lot More Proactive Enforcement' Thanks to the Four Horsemen of the Cryptocalypse: Columnist

01:28

Video regression for 3.54.0 release [no, no]

Jun 16, 2023

Bitcoin Slips to $42K From Last Week's Yearly High; Ledger CEO on Future of Hardware Wallets

40:07

The last regression video of the year 3.67.0

Dec 12, 2023

View all

Learn more about Consensus 2024, CoinDesk’s longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to coindesk.consensus.com to register and buy your pass now.