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Blockchain

Regulatory Compliance

News released on the 19th of July stated the New Jersey Attorney General is cracking down on one of the most prominent market participants in BlockFi by issuing a cease and desist letter. The question beckons whether government regulation will begin to hold back the explosive growth of DeFi or a market solution will arise?

“BIA IS NOT A SECURITY, AND WE THEREFORE DISAGREE WITH THE ACTION BY THE NEW JERSEY BUREAU OF SECURITIES”.

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