California revokes BlockFi’s lending license 2 years after bankruptcy
Bankrupt and now defunct BlockFi has entered into a settlement agreeing to the license revocation and to cease unsafe practices.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Bankrupt and now defunct BlockFi has entered into a settlement agreeing to the license revocation and to cease unsafe practices.
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
EU Banking Regulator Urges Crypto Lending Rules, Floats Leverage Caps and DeFi Certification
The European Banking Authority (EBA) recommended on Sept. 24 that the European Commission consider regulating crypto borrowing and...
Coincheck Launches 2x Crypto CFDs Six Years After Ending Margin Trading
Japanese cryptocurrency exchange Coincheck has staged a comeback in crypto derivatives more than six years after closing its previ...
Circle Takes FX Onchain With 24/7 Stablecoin Settlement On Arc
TL;DR Circle has launched StableFX on Arc, giving approved institutions 24/7 access to stablecoin-based foreign exchange settlemen...
EBA Floats Stablecoin Lending Restrictions for EU Crypto Firms
The European Banking Authority has floated barring EU crypto service providers from arranging or facilitating borrowing and lendin...
CFTC advances crypto regulations; SoFi, Mastercard launch stablecoin settlement
Regulatory clarity and stablecoin integration may boost crypto's mainstream adoption, while legal challenges highlight ongoing mar...
Man sentenced to 12 years for $16M Coinbase customer support scam
A Brooklyn man was sentenced to as much as 12 years in prison for stealing nearly $16 million from Coinbase users. On Sept. 23, Ro...