BlockFi wins money services license in Iowa
The money services license will enable BlockFi to offer Iowa residents stablecoin trading services and instant fund transfers.

Track FTX news, including bankruptcy updates, creditor repayments, court rulings, asset recovery, and the lasting impact of the collapse.
FTX CEO Sam Bankman-Fried has now acquired 11% of Voyager Digital to become the single largest shareholder
BlockFi intends to use the proceeds of the $250 million credit facility to bolster its balance sheet and platform strength.
Several crypto companies have been forced to choose self-preservation over advertising, as the crypto market cap crashes to new lows.
SBF said the current downturn is a direct consequences of the Fed's decision to hike interest rates by such a high margin.
Amid the chaos and rumors of Celsius' liquidity problems, the price of its native token jumped to the highest price since April reaching $2.56 on FTX.
Coinbase has been knocked off its perch by FTX and FTX is now the second largest exchange by trading volume