{"id":41035,"date":"2024-11-09T08:21:47","date_gmt":"2024-11-09T08:21:47","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/california-pulls-blockfis-lending-license-slaps-fines-after-regulatory-breach\/"},"modified":"2024-11-09T08:21:47","modified_gmt":"2024-11-09T08:21:47","slug":"california-pulls-blockfis-lending-license-slaps-fines-after-regulatory-breach","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/california-pulls-blockfis-lending-license-slaps-fines-after-regulatory-breach\/","title":{"rendered":"California Pulls Blockfi\u2019s Lending License, Slaps Fines After Regulatory Breach"},"content":{"rendered":"<p><b>(Originally posted on : Bitcoin News )<\/b><br \/>\n<br \/>The California Department of Financial Protection and Innovation (DFPI) has revoked Blockfi Lending LLC\u2019s finance lending license for violations under California\u2019s Financing Law (CFL). Blockfi agreed to the revocation and to halt certain practices deemed harmful, following an examination that revealed the company failed to assess borrowers&#8217; repayment ability, charged interest before disbursement, neglected to [&#8230;]<br \/>\n<br \/><a href=\"https:\/\/news.bitcoin.com\/california-pulls-blockfis-lending-license-slaps-fines-after-regulatory-breach\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Bitcoin News ) The California Department of Financial Protection and Innovation (DFPI) has revoked Blockfi Lending LLC\u2019s finance lending license for violations under California\u2019s Financing Law (CFL). Blockfi agreed to the revocation and to halt certain practices deemed harmful, following an examination that revealed the company failed to assess borrowers&#8217; repayment [&hellip;]<\/p>\n","protected":false},"author":23,"featured_media":41036,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[32],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/41035"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/23"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=41035"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/41035\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/41036"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=41035"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=41035"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=41035"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}