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Crypto cash back: BlockFi looks to boost market with launch of high-interest accounts​

Quick Take

  • BlockFi makes good on its plan to introduce a crypto-interest acquiring savings account, launched with immediate effect
  • The company is targeting an international market
  • It also hopes its compliance focus will attract institutional investors
New York lending firm BlockFi announced Tuesday it is launching a crypto savings account with 6 percent annual interest, payable monthly in bitcoin or ether.   In a statement, BlockFi said the new account offered the highest interest rate on crypto in the market, beating firms like Cred and Celsius, as well as being the […]

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Oct 15, 2021, 2:54AM UTC
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