.BlockFi will move forward with registering its crypto-lending product as part of a $100 million settlement deal with the SECGov. 'How are we actually promoting innovation?' JennSanasie asks on 'The Hash.' Presented by turbotax:
Crypto lender BlockFi will move forward with registering its high-yield crypto-lending product with the agency as part of its $100 million settlement deal with the U.S. Securities and Exchange Commission .
“How are we actually promoting innovation?” Jenn Sanasie asks, adding that companies receive no protections from the government agency. Plus, “The Hash” team discusses SEC Commissioner Hester Peirce’s response.
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