BlockFi


Finance

BlockFi Faces Crackdown by a Third US State, Texas

The Lone Star state’s proposed cease-and-desist order would bar BlockFi from offering interest accounts without registering with the state’s securities regulator.

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Markets

Alabama Issues 'Show Cause' Order to BlockFi

The Alabama Securities Commission alleges that BlockFi has funded cryptocurrency lending in part through the sale of unregistered securities.

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Finance

NJ Regulators Give BlockFi 1 Week Before Blocking New Interest Accounts

The state’s securities regulator contends BlockFi is selling an “unregistered security” to its customers.

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Videos

New Jersey's Acting Attorney General Orders BlockFi to Stop Offering Interest-Bearing Accounts

New Jersey's acting attorney general (AG) ordered crypto lending platform BlockFi to stop offering interest-bearing accounts Tuesday. "The Hash" team digs into the development as the crypto industry faces increasing regulatory crackdowns across the U.S. and globally. "This is maybe a little bit of a cautionary tale," host Benjamin Powers said.

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Videos

BlockFi Receives Cease and Desist Order From New Jersey Attorney General

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.

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Markets

BlockFi Receives Cease and Desist Order From New Jersey Attorney General

BlockFi CEO Zac Prince said his platform remains "fully operational" for its existing client base in New Jersey.

BlockFi CEO Zac Prince

Finance

Visa Crypto Cards Have Racked Up $1B in Spending in 2021

Spending on crypto-related cards is now its own category at the payments giant, said Visa’s Cuy Sheffield.

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Markets

BlockFi Rate Cut on Bitcoin Deposits Leaves Rivals Scratching Heads

The decision was made based on "changing market conditions."

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Videos

BlockFi Teams Up With Matt James in Exclusive Partnership Focused on Cryptocurrency Education

Matt James, the star of “The Bachelor,” joins “First Mover” to discuss his partnership with BlockFi, focusing on cryptocurrency education. “The same way that I’m holding onto [my] relationship, I’m holding on to my bitcoin,” he said.

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Markets

BlockFi Retail Account Balance Increased Fivefold in Past Year, CEO Says

Zac Prince said the average balance of a retail client has climbed from $10,000 to $50,000 in the last year.

BlockFi CEO Zac Prince.