New Jersey Slaps Cease-and-Desist Order on Digital Asset Wealth Manager, Says DeFi’s Risks Outweigh Crypto Volatility

The post New Jersey Slaps Cease-and-Desist Order on Digital Asset Wealth Manager, Says DeFi’s Risks Outweigh Crypto Volatility appeared on BitcoinEthereumNews.com.

The New Jersey Bureau of Securities is calling on the crypto wealth manager BlockFi to stop offering interest-bearing accounts. Acting Attorney General Andrew J. Bruck announced today that the Bureau…

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