BlockFi ban on new interest accounts in New Jersey extended yet again
New Jersey regulators have extended the ban on BlockFi’s new interest accounts for the third time, this time to December 1, even as lending purge continues.
New Jersey regulators have extended the ban on BlockFi’s new interest accounts for the third time, this time to December 1, even as lending purge continues.
Co-founder and CEO Zac Prince confirmed that the NJ watchdog has given the firm one more month before it has to shut down its interest-bearing accounts.
Digital currency platform BlockFi’s dismissal of the brushback pitch thrown by New Jersey regulators could have major ramifications for company execs and those who helped promote unregistered securities.