Cryptocurrency News

California regulator investigating crypto interest accounts

07/13/2022

Less than a minute

2022.07.13 17:47

California regulator investigating crypto interest accounts

The California Department of Financial Protection and Innovation (DFPI) has warned consumers to “exercise extreme caution” when dealing with interest-bearing crypto-asset accounts.

The DFPI stated that it is investigating multiple crypto interest account providers to determine whether they are “violating laws under the Department’s jurisdiction.”

07/13/2022

Less than a minute

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