Two months ago, Live Bitcoin News published an article discussing a new set of crypto regulations that were being unveiled by the state of New Jersey. Now, it appears New Hampshire is looking to follow in the region’s footsteps. Citing the FTX debacle as a massive wakeup call, New Hampshire is now looking to implement laws that will oversee trading and activity surrounding bitcoin and all related digital assets. New Hampshire Is Next to Implement Crypto Laws A new...
Read More »New Jersey Unveils New String of Crypto Regulations
New Jersey wants to turn itself into the most crypto friendly region in America. That’s why it’s introducing the “Digital Assets and Blockchain Regulation” Act, which will permit decentralized autonomous organizations (DAOs) to establish themselves within the state’s borders and issue stock certificates and create tax incentives for digital currency firms. New Jersey Is Establishing New Digital Currency Laws New Jersey has been up and down in its relationship with digital assets. While some...
Read More »Block Fi Receives Cease-and-Desist Letter from NJ Regulators
The New Jersey Attorney General’s office has issued a cease-and-desist letter to blockchain company Block Fi to get the firm to end all marketing for its interest-bearing accounts. Block Fi Is at the Center of Some Unwanted Attention According to the letter, Block Fi has been busy selling unregistered securities and violating present securities laws. The company provides interest rates of anywhere between .25 percent and 8.5 percent depending on the amount of money...
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