California’s DFPI suspends this crypto lender’s license amid FTX fiasco

California’s DFPI suspends this crypto lender’s license amid FTX fiasco


AMB Crypto
2022-11-12 22:30:02

FTX has left several associated platforms and projects facing the heat of the community since its bankruptcy. While the consequences were restricted to ethical and monetary terms, a new decision by the financial regulator of the state of California indicated a shift towards regulatory scrutiny. BlockFi lending license revoked California’s Department of Financial Protection and