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Interest Bearing Accounts – DIGIT INFO https://www.digit.info Bookmarking Crypto Insights Thu, 08 Sep 2022 21:30:43 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://www.digit.info/wp-content/uploads/2024/07/cropped-61589-32x32.png Interest Bearing Accounts – DIGIT INFO https://www.digit.info 32 32 Bitcoin Interest-Bearing Accounts Were Conceived Over Ten Years Ago, but the Idea Took 8 Years to Catch On https://www.digit.info/bitcoin-interest-bearing-accounts-were-conceived-over-ten-years-ago-but-the-idea-took-8-years-to-catch-on/ Thu, 08 Sep 2022 21:30:43 +0000 https://www.digit.info/2022/09/08/bitcoin-interest-bearing-accounts-were-conceived-over-ten-years-ago-but-the-idea-took-8-years-to-catch-on/ Read more]]> Bitcoin Interest-Bearing Accounts Were Conceived Over Ten Years Ago, but the Idea Took 8 Years to Catch OnWhile decentralized finance (defi) has created a plethora of protocols that make it so crypto assets can gather a yield, ten and a half years ago a bitcoin exchange called Bitcoinica introduced the first interest accruing system for bitcoin deposits. Despite being the first to test the waters, Bitcoinica eventually went bust after a series […]

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Kentucky Regulators Crack Down on Blockfi Interest-Bearing Accounts https://www.digit.info/kentucky-regulators-crack-down-on-blockfi-interest-bearing-accounts/ Sat, 31 Jul 2021 19:00:54 +0000 https://www.digit.info/2021/07/31/kentucky-regulators-crack-down-on-blockfi-interest-bearing-accounts/ Read more]]> Kentucky Regulators Crack Down on Blockfi Interest-Bearing AccountsThe crypto lender Blockfi is now dealing with regulators from five states as Kentucky has joined the fray against the firm’s Blockfi Interest Accounts (BIAs). On July 30, Blockfi shared a statement on Twitter that explained the Kentucky Department of Financial Institutions (DFI) has sent the company an order that aims to ban new BIA […]

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