Vermont securities commission probes BlockFi over regulatory issues
Vermont becomes the Fourth US State to raise regulatory concerns about the crypto lending company, BlockFi. Block-Fi, a well-known crypto lending company, has recently been in hot water with regulators due to its interest account (BIA) services. Within a week, the crypto platform will face a review over the legality of BIA from the fourth […]
BlockFi and its subsidiaries have been accused of issuing unregistered securities
Alabama regulators accuse BlockFi, BlockFi Lending, and BlockFi Trading of promoting unregistered securities. According to BlockFi , the Securities and Exchange Commission continues to reject claims that its Interest Accounts are unregistered securities. Alabama has become the second state in the United States to express worry about BlockFi, a significant bitcoin lending platform. The first […]
New Jersey securities regulators order BlockFi to cease onboarding activities
New Jersey securities regulators have accused BlockFi CEO Zack Prince of marketing unlicensed securities to the general public, Prince however denied the allegations. According to the New Jersey Bureau of Securities, BlockFi , a centralised crypto lending firm, has been issued a cease and desist order, which prevents the company from onboarding new interest account […]
Polkadot partners with Diem blockchain app
The cooperation, according to Pontem CEO Boris Povod, aims to improve Polkadot’s current node infrastructure, with Pinknode delivering “reliable and secure API endpoints.” A partnership between Pinknode, a provider of node infrastructure, and the decentralised application attempting to connect Facebook’s Diem blockchain with public networks has been announced. Announcing its partnership with Pinknode on Friday, […]