BlockFi is rolling out its first crypto interest product since it paid a $100 million settlement with the Securities and Exchange Commission in February and agreed to stop offering it to the U.S. public.
Called BlockFi Yield, this crypto interest-bearing option is available to accredited investors in the U.S. through the Reg D [506(c)] exemption from the Securities Act of 1933.
The new product comes during a year where crypto lending firms have faced major financial concern and scrutiny,…
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