afterwards?
they dont have a coin
so do u know the main difference why BlockFi has to stop operating in the US with their lending product and Nexo doesnt have to?
BlockFi has filed a registration with the SEC to introduce a “crypto interest-bearing security” (BlockFi Yield). The crypto that is currently deposited and earning interest (now in an account designated “BIA”) can continue to earn. However, if you move it to you Wallet, you won’t be able to move it back. (Also, you can’t add funds to the existing BIA). If/when the registration is accepted by the SEC the BIA funds can be converted to the new BlockFi Yield, and you will be able to purchase the new security. CAVEAT: this is my interpretation/summary of what I have read.
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