The California Division of Monetary Safety and Innovation (DFPI) has revoked Blockfi Lending LLC’s finance lending license for violations underneath California’s Financing Regulation (CFL). Blockfi agreed to the revocation and to halt sure practices deemed dangerous, following an examination that exposed the corporate didn’t assess debtors’ reimbursement potential, charged curiosity earlier than disbursement, uncared for to […]
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Frax Finance Eyes Blackrock’s BUIDL Token as Subsequent-Gen Reserve Asset
Frax Finance, the issuer of the stablecoin frax usd (FRAX), which at current holds the ninth spot amongst fiat-pegged tokens...