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Cryptopolitan 2023-08-30 16:09:08

BlockFi seeks court approval to convert trade-only assets into stablecoin

BlockFi, a prominent cryptocurrency lending platform, recently petitioned a court for permission to convert its users’ trade-only assets into stablecoins. The crypto exchange submitted the request on August 29 to the United States Bankruptcy Court’s District of New Jersey regarding certain assets. However, these assets consist of Dogecoin (DOGE), Bitcoin Cash (BCH), and Algorand’s native ... Read more

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