Just two weeks after being fined by Iowa’s regulators for offering and selling unregistered securities, crypto lending platform BlockFi announced on June 28 thait has received a Money Services License in the state.
The Iowan license will allow the crypto lender to receive money and sell payment instruments in the state. BlockFi on Twitter (NYSE:TWTR) stated it will begin by allowing Iowan residents to trade stablecoins.
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