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Texas and Alabama Regulators Crackdown on Blockfi’s Interest Bearing Account Product

July 23, 2021 by DIGIT

Fresh off the heels of Blockfi’s issues with the ​​New Jersey Bureau of Securities, the company is now having problems in the state of Alabama. The director of the Alabama Securities Commission (ASC), Joseph Borg, explained on July 21 that he issued a show cause to the firm. Borg wants Blockfi to explain why the … Read more

Categories Alabama, Alabama Securities Commission, ASC, BIA, Bias, Blockfi, Blockfi CEO, Blockfi Interest Account, Bureau of Securities, Crypto Accounts, Cryptocurrencies, Cryptocurrency, Director Borg, interest-bearing, joseph borg, Juthica Chou, New Jersey, protect investors, Regulation, Securities, Texas, Texas Regulators, zac prince


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  • bitcoinBitcoin(BTC)$90,086.00-2.71%
  • ethereumEthereum(ETH)$3,089.75-3.17%
  • tetherTether(USDT)$1.000.01%
  • rippleXRP(XRP)$2.07-3.41%
  • binancecoinBNB(BNB)$886.49-2.47%
  • usd-coinUSDC(USDC)$1.000.02%
  • solanaSolana(SOL)$134.93-5.58%
  • tronTRON(TRX)$0.2861961.17%
  • staked-etherLido Staked Ether(STETH)$3,094.37-3.36%
  • dogecoinDogecoin(DOGE)$0.142284-4.88%