Dec 22, 2022 10:38&nbspUTC | Updated: Dec 22, 2022 at 10:38&nbspUTC By&nbspClark The California DFPI warned in July that it would be cracking down on crypto...

Editor’s note: During the bulk of its operations, BlockFi was regarded as a top-tier product, at least in the cryptocurrency industry; it was considered...

Purchasing cryptocurrencies like Bitcoin (BTC), Dogecoin (DOGE) or Ether (ETH) in Canada is on an upsurge as crypto ownership rises. Moreover, the Ontario Securities...

Nexo, which is a leading regulated institution for digital assets, has been awarded “Best…

The post Nexo bags “Best Cryptocurrency Wallet” at 2022 FinTech Breakthrough Awards appeared first on Coin Journal.

BlockFi must fork out $100 million to US regulators, the highest crypto settlement in SEC history. Now, it could face a class action.

The post Disgruntled BlockFi users push class-action after record SEC settlement appeared first on Protos.

More women are investing and trading cryptocurrencies in Turkey as their crypto curiosity tops that of men, according to a survey by crypto exchange KuCoin. (Read More)

NEXO VS Celsius Network review we compare interest rates, security and other exchange and trading features. Both platforms are offering services for crypto lending, borrowing, crypto cards, and exchange. You can buy crypto and hold them in these platforms. They pay you a reward because you hold your crypto in these platforms. You will earn […]

The post NEXO VS Celsius Review 2022 Interest Rates and Cards appeared first on Cryptocoinzone.

BlockFi is set to pay $50 million in fines to the SEC and a further $50 million to state regulators over its high interest crypto product

The post Crypto Lender BlockFi to Pay $100M in Fines to US Regulators appeared first on Blockworks.

BlockFi, an American crypto lending platform, reportedly agreed to a settlement deal with the United States Securities and Exchange Commission (SEC). (Read More)

A popular crypto lending platform is reportedly going to pay out $100 million to resolve accusations from state and federal regulatory agencies. Sources familiar with the matter tell Bloomberg that BlockFi is gearing up to settle allegations involving the firm’s financial product that pays out high-interest rates to consumers for lending out their crypto assets. […]

The post Crypto Lending Firm Set To Pay $100,000,000 To Settle Allegations From SEC and State appeared first on The Daily Hodl.

Bloomberg reported late Friday that the crypto lending platform BlockFi will pay $100 million to settle investigations into its interest-generating accounts.

The post BlockFi faces $100 million in penalties over crypto interest accounts: report appeared first on The Block.

UK authorities have updated their crypto tax guidance to include provisions for staking and decentralized finance (DeFi). In a new statement from Her Majesty’s Revenue and Customs – the UK’s main tax agency – the government body says that crypto investors have to determine whether their returns fall under “income” or “capital.” More specifically, HMRC […]

The post UK Tax Regulator Updates Guidance on Staking and DeFi Lending appeared first on Coin Bureau.