Texas Cracks Down on BlockFi, Joining Alabama, New Jersey

Name: Texas Cracks Down on BlockFi, Joining Alabama, New Jersey
Uploaded: 2021-07-23T19:36:15Z
Duration: 3 min 195 s
Description: Texas is the latest state after Alabama and New Jersey to join the list of jurisdictions filing a cease-and-desist order against BlockFi, with its regulators alleging on Thursday the crypto lender’s Interest Account (BIA) product is a security under state rules. CoinDesk’s Nikhilesh De discusses the latest developments swirling around BlockFi and its regulatory implications.

Jul 23, 2021

Texas is the latest state after Alabama and New Jersey to join the list of jurisdictions filing a cease-and-desist order against BlockFi, with its regulators alleging on Thursday the crypto lender’s Interest Account (BIA) product is a security under state rules.

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