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ARTICLE · 08 MARCH 2022

Crypto Lending: The SEC Weighs In

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One pervasive challenge entrepreneurs in the cryptocurrency and blockchain ecosystem face is a lack of guidance from regulators.

United StatesTechnology
David A. Lopez-Kurtz
David A. Lopez-Kurtz

A recent settlement involving one of the largest crypto companies in the world should serve as an indication that any company offering or intending to offer crypto lending to its clients should prepare to either proactively seek regulatory compliance or potentially face SEC inquiries.

One pervasive challenge entrepreneurs in the cryptocurrency and blockchain ecosystem face is a lack of guidance from regulators. Without affirmative guidance or legislation, it is critical that precedent in the form of actions taken by and deals reached with regulators be on the radar of entrepreneurs and their counsel.

The deal reached between the SEC and BlockFi seems to be one such precedent by action.

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