Place/Date: Vaduz, Liechtenstein – January 14th, 2023 at 9:53 pm UTC · 3 min read Contact: Yacine Farouk, CMO, Source: Mimo Capital Decentralized Finance Innovator Mimo is launching “KUMA Protoc...
Tag: InterestBearing
Apple, Goldman Sachs introduce interest-bearing savings accounts
Apple will soon allow iPhone users to put credit card rewards from Apple Card and additional funds from separate bank accounts into an interest-bearing savings account. In a press release Thursday, Ap...
Bitcoin Interest-Bearing Accounts Were Conceived Over 10 Years Ago, but the Idea Took 8 Years to Catch On – Featured Bitcoin News
While 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 fi...
US State Regulator Warns About Crypto Interest-Bearing Accounts Amid Market Downturn – Regulation Bitcoin News
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 practice...
California cracks down on interest-bearing crypto accounts
Crypto regulations among different states within the US have picked up. In California, the Department of Financial Protection and Innovation (DFPI) warned its consumers to be cautious before investing...
U.S. Platforms Remain Hesitant to Further Interest-Bearing Crypto Offerings Without Regulatory Clarity
Crypto companies in the U.S. are reportedly seeking regulatory clarity over interest-bearing products following several companies being pulled up by the federal regulators in the past, igniting the ‘u...
SEC Warns Against Interest-Bearing Crypto Accounts — Says They’re Riskier Than Bank Deposits – Coinotizia
The U.S. Securities and Exchange Commission (SEC) has warned investors about the “risks with accounts that pay interest on crypto-asset deposits.” The warning coincides with the first enforcement acti...
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...
SEC Warns Against Interest-Bearing Crypto Accounts — Says They’re Riskier Than Bank Deposits – Regulation Bitcoin News
The U.S. Securities and Exchange Commission (SEC) has warned investors about the “risks with accounts that pay interest on crypto-asset deposits.” The warning coincides with the first enforcement acti...