Crypto Lender BlockFi to Pay $100M in Fines to US Regulators
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The penalties extend from the SEC’s review of BlockFi’s high-interest yield account last year The lender is prohibited from offering US citizens any new products that resemble its high-interest yield…
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Two of Bitcoin’s pre-eminent thought leaders are at odds with each other as to whether banks can – or should – provide sustainable yield on their customers’ BTC deposits. Michael Saylor – executive chairman of MicroStrategy, the world’s largest corporate Bitcoin owner – said in a recent podcast appearance that…
Following the U.S. Securities and Exchange Commission (SEC) charging the crypto lending platform Blockfi with failing to register its retail crypto lending product and fining the firm $100 million,... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] Go to Source…