Russian Law Enforcement Prepares to Seize Crypto Assets, Seeks Permission to Set Up Wallets

Russian Law Enforcement Prepares to Seize Crypto Assets, Seeks Permission to Set Up WalletsRussian investigators are pressing the parliament and government in Moscow for permission to open their own cryptocurrency wallets. This would allow law enforcement agencies to seize digital assets during criminal cases and eventually sell them, something that authorities in the United States and Europe already do. Russian Prosecutors Lobby for Powers to Confiscate and Auction […]

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New Jersey’s Order Against Blockfi Extended, Vermont Issues Notice to Crypto Lender

New Jersey’s Order Against Blockfi Extended, Vermont Issues Notice to Crypto LenderOn July 28, Zac Prince, the CEO of crypto finance firm Blockfi, explained that the company has been “engaged in a productive discourse” with U.S. regulators. Prince further said the New Jersey Bureau of Securities had extended the state’s previous order to September 2. Meanwhile, the company also has issues with Vermont’s Department of Financial […]

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Blockfi Ordered to Stop Offering Interest-Bearing Crypto Accounts in New Jersey

Blockfi Ordered to Stop Offering Interest-Bearing Crypto Accounts in New JerseyOn July 19, the CEO of the crypto financial services firm Blockfi, Zac Prince, told the public that the New Jersey Bureau of Securities has told the company to “stop accepting new BIA clients residing in New Jersey beginning July 22, 2021.” New Jersey’s acting attorney general Andrew Bruck also tweeted about the issue and […]

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