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California Finance Regulator Revokes BlockFi’s Lending License

November 12, 2022
in Bitcoin
Reading Time: 1 min read
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“BlockFi’s announcement, made on November 10, 2022, from its Twitter account @BlockFi, acknowledged that it can not ‘function enterprise as traditional’ given the ‘lack of readability on the standing of FTX.com, FTX US and Alameda.’ The DFPI is investigating BlockFi’s compliance with the legal guidelines inside the Commissioner’s jurisdiction, together with the California Financing Legislation. The DFPI can be investigating FTX,” DFPI mentioned.



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