Name: Texas Cracks Down on BlockFi, Joining Alabama, New Jersey
Uploaded: 2021-07-23T14:20:00.000Z
Duration: 3 min 15 s
Description: 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.

CD20$2 053,610.66%BTC$76 793,570.74%ETH$2 094,860.59%XRP$1,340.91%SOL$84,431,74%

Texas Cracks Down on BlockFi, Joining Alabama, New Jersey | CoinDesk Videos

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CD20$2 053,610.66%BTC$76 793,570.74%ETH$2 094,860.59%XRP$1,340.91%SOL$84,431,74%

Texas Cracks Down on BlockFi, Joining Alabama, New Jersey | CoinDesk Videos