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Texas Cracks Down on BlockFi, Joining Alabama, New Jersey

Texas is the latest state after Alabama and New Jersey to join the list of jurisdictions filing a cease-and-desist order against BlockFi, with its regulators alleging on Thursday the crypto lender's Interest Account (BIA) product is a security under state rules. CoinDesk's Nikhilesh De discusses the latest developments swirling around BlockFi and its regulatory implications.

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BlockFi Drops Minimum and Fees on Interest Bearing Crypto Accounts

Minimum deposits have been dropped on BlockFi's Interest Bearing Accounts for bitcoin, ethereum and the gemini dollar.

BlockFi CEO Zac Prince

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