Welcome to the second installment of our interview series with the ADALend CEO Kaspars Koskins. Recent events in the US and Canada have illustrated that Decentralized Finance is more important than ev...
Tag: BlockFi
Coinbase, BlockFi, Kraken Team Up on Anti-Money Laundering Initiative
Key Takeaways A group of 18 crypto companies have launched TRUST, the Travel Rule Universal Solution Technology. The new solution will help companies comply with the Financial Action Task Force’...
Following a hefty penalty, BlockFi to offer the first SEC-registered crypto interest-bearing security
The US Securities and Exchange Commission (SEC) recently announced reaching a $50 million settlement with crypto lending platform BlockFi. To settle all charges over a failure to register its crypto l...
BlockFi settles with SEC for $100 million after lending products declared securities
BlockFi, the cryptocurrency lending company, has agreed to pay a $50 million fine to the SEC for misleading investors and not declaring its lending products as securities. The company will pay a furth...
BlockFi Progress With Regulators Pioneers New Frontier Of Finance
DeFi -Decentralized Finance getty Crypto enthusiasts often espouse economic anarchy as the future and a coming utopia. Most people prefer regulation to perishing by the law of the jungle, and scams an...
Has the SEC ‘Wiped Out’ DeFi Lending Model with BlockFi Penalty?
The U.S. Securities and Exchange Commission’s massive fine of crypto lending platform BlockFi has sent shockwaves through the fledgling decentralized finance industry. On Feb. 12, BeInCrypto reported ...
BlockFi to Pay $100M to Settle Charges with SEC & 32 States
BlockFi will pay $100 million to the U.S. Securities and Exchange Commission (SEC) and 32 states to settle charges in connection with a retail crypto lending product. The charges have come after a sub...
What the BlockFi SEC Settlement Means for Bitcoin and Crypto Lending
In brief BlockFi has agreed to pay a $100 million settlement with the SEC and 32 states. The company says it has a path forward to create and register a similar product. Crypto lending firm BlockFi mu...
Crypto Lending Platform Charged — Blockfi Agrees to Pay $100 Million in Penalties – Regulation Bitcoin News
The U.S. Securities and Exchange Commission (SEC) has charged cryptocurrency lending platform Blockfi in a first-of-its-kind action. The crypto lender has agreed to pay $100 million to settle the char...
Crypto Mom On BlockFi, $100M Fine Seems “Disproportionate”
As Bitcoinist reported earlier today, crypto lending platform BlockFi will pay $100 million in fines per an agreement reached with the U.S. Securities and Exchange Commission (SEC). According to the r...
Crypto start-up BlockFi to pay $100M in settlement with SEC, 32 states
The logo of cryptocurrency platform BlockFi. Budrul Chukrut | SOPA Images | LightRocket via Getty Images Cryptocurrency firm BlockFi said Monday it has agreed to pay $100 million to the U.S. Securitie...
BlockFi, SEC Reach $100M Settlement
Key Takeaways BlockFi has been ordered to pay $100 million in penalties in a settlement with the SEC and 32 state regulators. The startup was accused of failing to register its lending product as a se...
BlockFi Settles With SEC on Crypto Lending – Trustnodes
Washington D.C., Feb. 14, 2022 — The Securities and Exchange Commission today charged BlockFi Lending LLC (BlockFi) with failing to register the offers and sales of its retail crypto lending product. ...
With $100 million settlement confirmed, BlockFi aims to register Yield with SEC
The Securities and Exchange Commission announced Monday that it fined crypto lending firm BlockFi $100 million, and now the firm plans to register with the agency to offer clients its popular high-yie...
BlockFi to Pay $100 Million for Settlement with SEC and States
BlockFi has reached a settlement of a total of $100 million with the US Securities and Exchange Commission (SEC) and other state regulators, who are investigating the crypto lender for illegally offer...
BlockFi to Pay $100M in Settlement to US SEC
BlockFi, an American crypto lending platform, reportedly agreed to a settlement deal with the United States Securities and Exchange Commission (SEC). The settlement as reported by Bloomberg citing peo...
SEC Slaps BlockFi With $100 Million Fine – Is That Too Much?
BlockFi may be forced to dig deep into its coffers and pay fines of up to $100 million. According to credible grapevines, the U.S. Securities and Exchange Commission is looking to slap the crypto lend...
Crypto Lender BlockFi to Pay $100 Million In Settlement with SEC
Settlement with SEC and states could come when one week from now BlockFi faces tests into selling unregistered protections The crypto-interest accounts aren’t federally insured BlockFi Inc. is ready t...
Crypto Lending: BlockFi to pay $100 million fine to SEC
In what is set to be one of the toughest penalties against a cryptocurrency firm, details have now emerged that the foremost crypto lending platform, BlockFi, is set to pay a fine of $100 million to t...
Report: BlockFi Inc. might have to shed $100 million to settle with the regulators
Bloomberg reported citing sources that BlockFi Inc. might have to pay $100 million to settle with the Securities and Exchange Commission (SEC) and the state regulators. The allegations include offerin...
BlockFi faces $100 million in penalties over crypto interest accounts: report
advertisement Bloomberg News reported late Friday that the crypto lending platform BlockFi will pay $100 million to settle investigations into its interest-generating accounts, which last year drew pu...
BlockFi To Pay $100M To SEC, As Settlement For Ongoing Investment
BlockFi may have to cough up $100 million to pay fines. Sources close to the matter say the SEC is set to impose a $50 million fine on the crypto lending platform for offering unregistered securities....
BlockFi Could Face Up to $100M in Fines Owed to the SEC
In a similar way to Block.one, the SEC intends to fine BlockFi for offering unregistered securities. BlockFi, a crypto lending platform, is required to pay an expected $100M fine for allegedly offerin...
BlockFi to Pay $100M Penalty, Stop Opening New High-Yield Bitcoin Accounts: Report
Crypto lending platform BlockFi has agreed to pay $100 million to settle ongoing investigations from the U.S. Securities and Exchange Commission and multiple state securities regulators. According to...