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New Jersey Regulator Postponed The Effective Date Of BlockFi BIA Suspension Order To Dec 1st, 2021
Summary: According to the official announcement, the New Jersey Securities Bureau postponed the effective date of its BIA account suspension order on BlockFi to December 1, 2021. BIA customers in New Jersey can continue to access their accounts, and all other products, services and assets on the BlockFi platform will not be affected. BlockFi's BIA account ...
According to the official announcement, the New Jersey Securities Bureau postponed the effective date of its BIA account suspension order on BlockFi to December 1, 2021.
BIA customers in New Jersey can continue to access their accounts, and all other products, services and assets on the BlockFi platform will not be affected.
BlockFi's BIA account is caught in a regulatory vortex in multiple states, including New Jersey, Texas, Alabama, Vermont, and Kentucky. July 30, 2021, the Kentucky Department of Securities issued a suspension order for BIA’s business in Kentucky, prohibiting BlockFi from promoting or offering any securities to existing and new customers in Kentucky.
By Mary Liu
Tags: BIA,BlockFi,Regulation,Security
Link: New Jersey Regulator Postponed The Effective Date Of BlockFi BIA Suspension Order To Dec 1st, 2021 [Copy]
