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Bookmarking Crypto InsightsMon, 25 Jul 2022 11:50:15 +0000en-US
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3232US State Regulator Warns About Crypto Interest-Bearing Accounts Amid Market Downturn
https://www.digit.info/us-state-regulator-warns-about-crypto-interest-bearing-accounts-amid-market-downturn/
Mon, 25 Jul 2022 11:50:15 +0000https://www.digit.info/2022/07/25/us-state-regulator-warns-about-crypto-interest-bearing-accounts-amid-market-downturn/Read more]]>The financial regulator of the U.S. state of Arizona has warned investors about crypto interest-bearing accounts. “Some companies may materially overstate the degree to which their collateral practices protect their ability to pay investors the stated return,” the regulator said. State Regulator Warns About Crypto Interest-Bearing Accounts The Arizona Corporation Commission issued an investor alert […]
]]>Crypto Lender Nexo Terminates Interest Payments on New Deposits From US Clients
https://www.digit.info/crypto-lender-nexo-terminates-interest-payments-on-new-deposits-from-us-clients/
Mon, 21 Feb 2022 05:30:03 +0000https://www.digit.info/2022/02/21/crypto-lender-nexo-terminates-interest-payments-on-new-deposits-from-us-clients/Read more]]>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, the crypto lender Nexo has announced it will no longer allow U.S. citizens to earn interest on new savings wallet top-ups. However, Nexo customers from the […]