Regulators

Regulators

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 a Bloomberg report based on anonymous sources, BlockFi will also discontinue new high-yield accounts for most U.S. residents. ...Read More

Ripple CEO says US regulators’ claim that there is clarity in crypto is like that of an addict in denial

Ripple chief executive Bradley Garlinghouse said US regulators’ belief that there is already a lot of clarity around cryptocurrencies was like an addict’s belief that they don’t have a problem. Garlinghouse, whose company’s XRP token is at the center of a lawsuit launched by ...Read More