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New Jersey
Jersey City to Invest in Bitcoin ETFs, the Latest Pension to Dive Into Crypto
“The question on whether Crypto/Bitcoin is here to stay is largely over + crypto/Bitcoin won,” said Jersey City Mayor Steven Fulop in a tweet.
BlockFi Administrator Submits Plan in Court to Make Customers Whole
The plan administrator revealed that a significant transaction had been closed which would enable a near-term final distribution of 100% for all eligible claims.
U.S. Senator Who Called Bitcoin 'Ideal Choice for Criminals' Is Convicted of Bribery
Menendez's sentencing has been scheduled for October 29 and he could face decades in prison.
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.
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.
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.
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.
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 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.
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.
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.