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New Jersey

(Gabby Jones/Bloomberg via Getty Images)

BlockFi Gets Another Extension From NJ Regulators on New Interest Accounts Ban

An order prohibiting the crypto lender from creating new interest-bearing accounts has now been postponed for the third time to Dec. 1.

By Nelson Wang

Sep 22, 2021 at 3:41 p.m. UTC

Sep 22, 2021

BlockFiNew Jersey

Celsius CEO Alex Mashinsky (CoinDesk archives)

Celsius CEO Eager to ‘Educate’ Securities Regulators in Brewing Legal Fight

In an AMA Friday, Celsius CEO Alex Mashinsky said the crypto lender was ready to work with regulators.

By Danny Nelson

Sep 17, 2021 at 8:22 p.m. UTC

Sep 17, 2021

CelsiusNew JerseyBlockFiCrypto Lending

New Jersey Piles On: Crypto Lender Celsius Hit With 2 Securities Actions in 1 Day

The Garden State is joining Texas in taking Celsius to task.

By Zack Seward

Sep 17, 2021 at 8:21 p.m. UTC

Sep 17, 2021

CelsiusBlockFiNew JerseyCrypto Lending

BlockFi Gets More Time From NJ Regulators Before New Interest Accounts Are Banned

An order by the New Jersey Bureau of Securities had already been delayed once.

By Nelson Wang

Jul 28, 2021 at 9:58 p.m. UTC

Jul 28, 2021

New JerseyCryptocurrency RegulationsBlockFi

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 Block Fi with its regulators alleging on Thursday the crypto lender’s Interest Account BIA product is a security under state rules Coin Desk’s Nikhilesh De discusses the latest developments swirling around Block [...]

By CoinDesk Staff

Jul 23, 2021 at 3:36 p.m. UTC

Jul 23, 2021

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Finance

New jersey

NJ Regulators Give BlockFi 1 Week Before Blocking New Interest Accounts

The state’s securities regulator contends BlockFi is selling an “unregistered security” to its customers.

By Danny Nelson

Jul 21, 2021 at 7:31 p.m. UTC

Jul 21, 2021

New JerseyregulationsBlockFiCrypto Lending

Video

Cdtv

New Jersey’s Acting Attorney General Orders BlockFi to Stop Offering Interest-Bearing Accounts

New Jersey’s acting attorney general (AG) ordered crypto lending platform BlockFi to stop offering interest-bearing accounts Tuesday. “The Hash” team digs into the development as the crypto industry faces increasing regulatory crackdowns across the U.S. and globally. “This is maybe a little bit of a cautionary tale,” host Benjamin Powers said.

By CoinDesk Staff

Jul 21, 2021 at 5:57 p.m. UTC

Jul 21, 2021

cdtvHash clipBlockFiNew Jersey

Video

Circle

BlockFi Receives Cease and Desist Order From New Jersey Attorney General

Crypto lending platform BlockFi has received an order from New Jersey’s acting attorney general (AG) to halt its Interest Account (BIA) operations in the U.S. state. CoinDesk’s Nikhilesh De discusses the implications for BlockFi and its clients. Plus, his take on Circle’s breakdown of its assets backing the stablecoin USDC.

By CoinDesk Staff

Jul 21, 2021 at 2:56 p.m. UTC

Jul 21, 2021

CircleNikhilesh DecdtvFM ClipBlockFiUSDCNew Jersey