First Mover Asia: Bitcoin Struggles as U.S. Regulators Fumble: Analyst

2023-4-21 03:45

ALSO: CoinDesk columnist Daniel Kuhn considers the European Parliament's passage of crypto rules, which come as U.S. regulatory agencies seem to be backtracking in their efforts to find an effective regulatory approach. origin »

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regulatory seem agencies come crypto rules backtracking

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Three US States Going After BlockFi In Regulatory Crackdown

New Jersey, Texas, and Alabama have individual state regulators issuing concerns that New Jersey-based DeFi firm, BlockFi, is offering unregistered securities. Regulators seem to particularly point to BlockFi’s Interest Account (BIA), which offers rates that consumers are now becoming accustomed to in DeFi – but that have blown traditional banking rates out of the water.

2021-7-25 08:47