December 9, 2022

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BlockFi No Longer Lending in California, DFPI Moves to Suspend License

BlockFi No Longer Lending in California, DFPI Moves to Suspend License
<a href="https://www.tronweekly.com/blockfi-no-longer-lending-in-california/" title="BlockFi No Longer Lending in California, DFPI Moves to Suspend License" rel="nofollow"><img width="300" height="180" src="https://ethereumreader.com/wp-content/uploads/2022/11/blockfi-no-longer-lending-in-california-dfpi-moves-to-suspend-license.jpg" class="webfeedsFeaturedVisual wp-post-image" alt="BlockFi" decoding="async" style="display: block; margin-bottom: 5px; clear:both;max-width: 100%;" link_thumbnail="1" srcset="https://ethereumreader.com/wp-content/uploads/2022/11/blockfi-no-longer-lending-in-california-dfpi-moves-to-suspend-license.jpg 300w, https://ethereumreader.com/wp-content/uploads/2022/11/blockfi-no-longer-lending-in-california-dfpi-moves-to-suspend-license-1.jpg 768w, https://www.tronweekly.com/wp-content/uploads/2022/11/52187844307_ba7167afd5_o.jpg 800w" sizes="(max-width: 300px) 100vw, 300px" title="BlockFi No Longer Lending in California, DFPI Moves to Suspend License 1"></a>Following the FTX crisis, California’s Department of Financial Protection and Innovation (DFPI) suspended cryptocurrency lender BlockFi’s license for 30 days, pending an investigation into the company’s recent decision to limit its business operations. After Terra Luna’s disaster, the demise of FTX and the uncertainty it caused were seen as another damaging blow. The extent of the damage […]

BlockFiFollowing the FTX crisis, California’s Department of Financial Protection and Innovation (DFPI) suspended cryptocurrency lender BlockFi’s license for 30 days, pending an investigation into the company’s recent decision to limit its business operations. After Terra Luna’s disaster, the demise of FTX and the uncertainty it caused were seen as another damaging blow. The extent of the damage […]

Source: tronweekly.com