Why is BlockFi targeted by regulators (ie can’t take addition crypto for interest bearing accounts and lending) but other brokerages are immune to these regulations? Others like Voyager, Celsius, and even Coinbase have “Earn” accounts and have had no regulatory consequences. Any thoughts?

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Enthusiast

Why is BlockFi targeted by regulators (ie can’t take addition crypto for interest bearing accounts and lending) but other brokerages are immune to these regulations? Others like Voyager, Celsius, and even Coinbase have “Earn” accounts and have had no regulatory consequences. Any thoughts?

1 reactions

Anyone working at Morningstar?

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EY 1

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Chief

So Coinbase before providing such “interest on stable coins” service went to SEC and asked for their guidance as there are no clear SEC rules regarding earning interest on a crypto. SEC said we won’t provide guidance but what you are trying to do is providing unregistered security and is a violation. Coinbase was shocked and scrapped the entire project. The earn program is just giving some coins if you watch a video and not related to earning interest. SEC is going after every CEX individually. SEC reached out to Gemini, Voyeger, Celsius and BlockFi and asked them for more info. Now BlockFi want to go public. So, they volunteered to pay $100mil and settle before they go public.

5 months

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PwC 1

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SEC is shambolic

1 reactions

5 months

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Guidehouse 1

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Rising Star

This will get closed soon. Enjoy while you can! ;)

5 months

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They really don’t want us making interest from crypto for some reason.

5 months

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Rising Star

They don't want you taking money from banks, from their ‘finance system’. ;)

5 months

Additional Posts in Everything crypto

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2 reactions

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Fam... I’ve been thinking about buying a home for sometime now. Is this a good time to purchase? Do you feel market prices will go down? Thanks!

3 reactions

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At what point in the interview process (lateral in this case) do you realize you’ve been rejected? I’m assuming people don’t send our rejection letters. Do you reach out to the firm? If so, how long after the last interview ?

4 reactions

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works at Whide

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Hey guys,
I got offer from two companies F5 Networks Hyderabad and Rakuten Bangalore
Profile :- Android Dev

Which one to choose
As reviews of Rakuten isn't that good as F5 has
But location wise Rakuten is better and better brand too

Can some one help F5 Networks Rakuten

1 reactions

10 months

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works at Hindustan Aeronautics Limited

▸ Salary Discovery

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I work as an officer in HAL, 12 CTC.
I see growth is low i.e increment of 3 % every year.
Planning to switch into MNCs, is it a right decision to leave a public sector unit?

What salary would be ok to leave my current job?

1 reactions

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works at Infosys

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In barclays portal my status is showing "offer approved". In how many days will I get the OL?

2 reactions

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I work in kindergarten. Do not let those precious faces fool you.

30 reactions

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Rising Star

if a guy pays for your meal is it definitely a date? Is there ever a situation where you two could just be friends? seeking clarity LOL

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Hi Designers! I’d love to know if someone who has a psychology and research background, now a UX designer, can move into UI… maybe even Visual design… maybe even Branding? What do people think?

8 reactions

3 months

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Does your agency or in-house team have a “social command centre”? Is that terminology or approach out-dated now?

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Anyone in NY looking to form a skiing group? Hopefully someone has a car for weekend ski trips or we can figure out how to organize

10 reactions

9 months

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Question about Clerky templates.
Are the templates they offer for things like meeting minutes, operating agreements, etc. better than/worse than/equivalent to the forms you can get through Westlaw?

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What do you do if an ex coworker blatantly adds work to their book that they had nothing to do with? Conception or execution

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King Rafa 🇪🇸

19 reactions

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Has anyone ever made another email to apply for an opportunity you’ve been rejected to? I saw a posting which I was rejected for but I want to try to shoot my shot again since they reposted it

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FET medication protocols - Any thoughts on HRT (estrogen + progesterone) vs. letrozole? My doc prescribed the former without explanation, but a little Googling shows the latter seems to have higher success rates. Wondering why I’d be placed on HRT/if it’s worth raising this to my doc.

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▸ Corporate Transactional Law

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Hey Fishes,
What's the trending tech stack these days in web/software development that pays you well? And how can you switch from your current profile to that?

1 reactions

4 months

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Enthusiast

For folks looking for new roles (either actively or passively), where are you looking? What sites, apps, etc. (I'm interested in hearing about option *other* than recruiters.)

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Does JPMorgan do referrals?

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Is anyone aware of Bartleby Technologies Bengaluru? How is work culture and job security for Machine engineer role ?

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Additional Posts (overall)

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works at EY

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OMG or REQ on this dip? I've got both and am staying in it for the long term on these. I've got 2x more invested in OMG than REQ as it stands.

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works at A.T. Kearney

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For those with huge losses please stay strong - hearing about suicides and stuff is very sad, don’t do anything stupid people

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works at Deloitte

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Conversation Starter

20-30% off sale right now across the board

20 reactions

8 months

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works at Citi

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To the McK person that dropped 500k into voyager a while back. Now that they have lower interest for above 100k did you move cash out?

4 reactions

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works at Deloitte

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Coinbase - Is there a fee if I buy ETH using money from USD wallet?

1 reactions

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dslntlv9vhjr4.cloudfront.net

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Started crypto just a few days ago… would you think I’m well diversified if this is the max I can invest?

Image

8 reactions

9 months

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works at Deloitte

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Nav coin broke $1

1 reactions

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works at Accenture

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I’m just now moving my tron out of Binance. They’re giving me 7 days, and if I skip a day, I’ll lose money for good, they say. I can only take out .06 Bitcoin worth per day. So stupid, but I guess I’m lucky I only had .4 Bitcoin worth.

2 reactions

9 months

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works at Accenture

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What will the adoption of CBDCs mean for Bitcoin?

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works at PwC

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BITO etf or actuals bit coins using coinbase pro, Gemini, voyeger, etc..

1 reactions

10 months

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works at Deloitte

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How much are you in red? I'll start 2K on a 16K portfolio

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a Financial Services Associate

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Most made in crypto?? All together removing your cost basis 💰💰💰

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A new report from the Boston Consulting Group describes that payment providers like Ripple outperform banks in many sectors.

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https://www.crypto-news-flash.com/boston-consulting-group-ripple-xrp-outperforms-banks-in-many-sectors/

Which one of y’all pumping xrp lol

crypto-news-flash.com

5 reactions

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works at McKinsey & Company

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Is it just a hype for BCH?

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Perfect timing coinbase 📉😂
https://youtu.be/CaGTdFbSerg

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Coinbase, the popular digital currency exchange headquartered in San Francisco, California is rumored to have a new commercial that will air at this years Su...

youtu.be

6 reactions

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works at EY-Parthenon

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How is everyone feeling today bear trap or bull trap? Or just buy the dip?

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works at Deloitte

Product Vision for Kin. Kik has some 300 Million registered users and maybe 15 Million Daily Active users. Never been a population so exposed to crypto before: https://medium.com/kin-contributors/kin-product-vision-for-2018-cbb1c62d8c6d

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As you well know, Kin is a digital sharing economy of equal opportunities. An ideal world where millions of people are compensated for the…

medium.com

4 reactions

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works at KPMG

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Anybody into BDG?

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🔮Sell everything you bag holders🔮

2 reactions

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