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The SEC Just Killed Crypto Lending
SEC Killed Crypto Lending. How to Lend Crypto. BlockFi and SEC.
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Crypto lending
SEC BlockFi
How to lend crypto
Crypto news
Here’s what went down… BlockFi agreed to pay $100M in fines for violating securities laws. The thing is, crypto lending and crypto staking is becoming more and more popular.
For the longest time it’s felt almost too good to be true.. Why would I keep my money in the bank if I can earn 8-15% by lending crypto?? But the SEC may be looking to put a stop to it.
Could the SEC be in the right here? Or is this simply a case of laws being outdated for new technology? On the one hand.. It’s no secret that there’s countless crypto scams.. That a little crypto regulation could be helpful. On the other hand.. Is this 90 year old document the best pamphlet to follow??
In this video we'll be breaking down what is happening with BlockFi and the recent crypto news around crypto lending, what this means for your investing, and the future of crypto lending.
Timestamps:
RIP BlockFi
0:29 Here's What Happened
1:37 How This Affects You
2:39 What's Going on Now.
3:01 Offer
3:19 Technology and Controversy
5:35 The Solution...?
6:38 The Future of Crypto Lending
9:12 Important Points
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*I am not a financial advisor. This is not financial advice. Some of the above links may be affiliate links*
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