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.
After they took action against BlockFi, three U.S. states have now filed orders seeking to kick Celsius out as the war on digital currency lending 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.
BlockFi, the popular cryptocurrency lending and borrowing platform, has been issued a cease and desist order by NJ's Attorney General.
William Green pleaded guilty to operating Destination Bitcoin, which authorities said is an unlicensed digital currency exchange, from August 2017 to February 2019 via a website and various referrals.
A New Jersey watchdog has recommended the quick implementation of regulation to govern digital currency ATMs in the state.
The Digital Asset and Blockchain Technology Act seeks to bring digital currencies under the oversight of the state’s Department of Banking and Insurance.
A New Jersey court has hit pause on a case brought by the SEC against two defendants who organized a $30 million ICO scam under CG Blockchain and BCT Inc.
Prosecutors in New Jersey have intervened in the SEC case against CG Blockchain, claiming that it interferes with a parallel case against the defendants.
Crypto companies in the state of New Jersey will have to obtain a license from the Dept. of Banking and Insurance if a new proposed bill is signed into law.
The two companies were accused of offering unregistered ICOs.The two companies were accused of offering unregistered ICOs.