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$2,075.090.13%BTC$77,228.600.10%ETH$2,121.800.37%XRP$1.350.33%SOL$85.390.35%

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

Loading video...

CD20$2,075.090.13%BTC$77,228.600.10%ETH$2,121.800.37%XRP$1.350.33%SOL$85.390.35%

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