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New Jersey Bans Blockfi

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New Jersey Bans Blockfi

B
Benzinga

12 Views • Sep 01, 2021

Description

New Jersey's Attorney General has officially ordered Bitcoin lending platform BlockFi to halt all activities in the state, marking the first time action has been taken against a crypto lending company. With all the recent crackdowns of crypto in other countries such as China, Malaysia, and the United Kingdom, this cease and desist order could signal future regulations.