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BlockFi Licenses & Disclosures

BlockFi Licenses & Disclosures

BlockFi and its affiliated entities are licensed in the following jurisdictions. Lending licenses are held by BlockFi Lending LLC and money transmitter licenses are held by BlockFi Trading LLC.

Licenses
StateLicense TypeAgencyLicense #
ALConsumer Credit LicenseAlabama State Banking Department100163229
ALMoney Transmitter LicenseAlabama Securities Commission
CAFinance Lender and Broker LicenseCalifornia Department of Business Oversight 60DBO 81955
COSupervised Lender’s LicenseColorado Department of Law993426
CTMoney Transmitter LicenseState of Connecticut Department of Banking
DCMoney Transmitter License Government of the District of Columbia Department of Insurance Securities and BankingMTR1873137
FLMoney Services Business LicenseFlorida Office of Financial RegulationFT230000280
GASeller of Payment InstructionsGeorgia Department of Banking and Finance 69065
ILMoney Transmitter LicenseIllinois Department of Financial & Professional RegulationMT.0000372
ILConsumer Installment License CertificateIllinois Department of Financial & Professional RegulationCI.0004435-H
KSSupervised Loan LicenseKansas Office of the State Bank CommissionerSL.0026692
KSMoney Transmitter License Kansas Office of the State Bank CommissionerMT.0000165
MDConsumer Loan Authorization Maryland Commissioner of Financial Regulation1643
MDMoney Transmitter LicenseMaryland Commissioner of Financial Regulation12-1873137
MIRegulated Loan Act LicenseMichigan Department of Insurance and Financial ServicesRL 0021553
MNRegulated Loan LicenseMinnesota Department of CommerceMN-RL-1737520
MOSmall Loan License Missouri Division of Finance367-20-8666
NCMoney Transmitter LicenseNorth Carolina Commissioner of Banks187117
NEMoney Transmitter LicenseNebraska Department of Banking and Finance
NHMoney Transmitter LicenseNew Hampshire Banking DepartmentFT230000280
NDMoney Transmitter LicenseNew Jersey Department of Banking and Insurance1904236 C22
OHCertificate to Engage in the Business of Making LoansOhio Division of Financial InstitutionsCI.550020.000
OHMoney Transmitter LicenseOhio Department of Commerce Division of Financial Institutions
OKLicense of Authority Oklahoma Office of the Administrator of Consumer Credit87760
ORMoney Transmitter LicenseOregon Division of Financial Regulation
PAConsumer Discount Company LicensePennsylvania Department of Banking and Securities66140
RIMoney Transmitter License State of Rhode Island Department of Business Regulation20204055CT
SCMoney Transmitter LicenseSouth Carolina Office of the Attorney General Money Services Division
TNIndustrial Loan and Thrift Certificate of RegistrationTennessee Department of Financial Institutions4071
TNMoney Transmitter LicenseTennessee Department of Financial Institutions1873137
TXMoney Services Business LicenseState of Texas Department of Banking3210
UTAcknowledgment of Consumer Credit NotificationUtah Department of Financial Institutions
WA Money Transmitter LicenseState of Washington Department of Financial Institutions550-MT-121212
Disclosures
StateDisclosures
Florida

NOTICE: By the Florida Office of Financial Regulation

BY GRANTING BLOCKFI TRADING, LLC A LICENSE, THE FLORIDA OFFICE OF FINANCIAL REGULATION IS NOT ENDORSING THE USE OF DIGITAL OR VIRTUAL CURRENCIES.

  1. U.S. currency is legal tender backed by the U.S. government.

  2. Digital and virtual currencies are not issued or backed by the U.S. government, or related in any way to U.S. currency, and have fewer regulatory protections.

  3. The value of digital and virtual currencies is derived from supply and demand in the global marketplace which can rise or fall independently of any fiat (government) currency.

  4. Holding digital and virtual currencies carries exchange rate and other types of risk.

POTENTIAL USERS OF DIGITAL OR VIRTUAL CURRENCIES, INCLUDING BUT NOT LIMITED TO BITCOIN, SHOULD BE FOREWARNED OF A POSSIBLE FINANCIAL LOSS AT THE TIME THAT SUCH CURRENCIES ARE EXCHANGED FOR FIAT CURRENCY DUE TO AN UNFAVORABLE EXCHANGE RATE. A FAVORABLE EXCHANGE RATE AT THE TIME OF EXCHANGE CAN RESULT IN A TAX LIABILITY. PLEASE CONSULT YOUR TAX ADVISOR REGARDING ANY TAX CONSEQUENCES ASSOCIATED WITH YOUR HOLDING OR USE OF DIGITAL OR VIRTUAL CURRENCIES.

If you have a question or complaint, please contact our Customer Support Team at 646-779-9688.

Hawaii

BlockFi Trading LLC is providing services to you as a participant in a special Hawaii project which ends on December 31, 2022. At the end of the project term, BlockFi Trading LLC may be required to close all accounts for Hawaii customers and cease operations. BlockFi Trading LLC will notify Hawaii customers in advance if accounts must be closed. Hawaii customers who choose to open accounts with BlockFi Trading LLC are advised that the virtual currency or digital currency purchased, whether as an investment, for making payments, or other purposes, may lose value, including the loss of some or all of your original purchase amount.

Oregon

If you are located in the State of Oregon and have a complaint, please first contact our Customer Support Team at support@blockfi.com. If you still have an unresolved complaint regarding our money transmission activity, you may also direct your complaint to the attention of:

Oregon Division of Financial Regulation, P.O. Box 14480, Salem, Oregon 97309-0405; +1 (866) 814-9710 (toll-free in the USA). Please visit: www.dfr.oregon.gov for additional information.

Washington

Fraudulent transactions may result in the loss of your money with no recourse. A schedule of all fees and charges we may assess on a transaction can be found at http://blockfi.com/rates. In addition please note the following disclosures associated with transactions with virtual currency: Virtual currency is not legal tender is not backed by the government and accounts and value balances are not insured against theft or loss by the Federal Deposit Insurance Corporation or the Securities Investor Protection Corporation. Transactions in virtual currency are irrevocable and accordingly losses due to fraudulent or accidental transactions may result in the loss of your money with no recourse.

You are exclusively responsible for ensuring the security of your account your own trades trade cancellations deposits and withdrawals and are responsible for any errors or liabilities incurred therein. In the event of such errors please contact our Customer Support Team at support@blockfi.com. We make no representations that we will be able to correct such mistakes.

US Trading Availability
US Trading AvailabilityCan Trade Some Pairs
AlabamaAlaska (Crypto Pairs Only)
AlaskaArkansas (Crypto Pairs Only)
ArizonaIowa (Crypto Pairs Only)
CaliforniaIdaho (Crypto Pairs Only)
ColoradoLouisiana (Crypto Pairs Only)
ConnecticutMaine (Crypto Pairs Only)
Washington DCMinnesota (Crypto Pairs Only)
DelawareMississippi (Crypto Pairs Only)
FloridaNorth Dakota (Crypto Pairs Only)
GeorgiaUtah (Crypto Pairs Only)
Hawaii
Illinois
Indiana
Kansas
Kentucky
Maryland
Massachusetts
Michigan
Missouri
Nebraska
Montana
North Carolina
New Hampshire
New Jersey
Ohio
Oklahoma
Oregon
Pennsylvania
Puerto Rico
South Carolina
South Dakota
Tennessee
Texas
Virginia
Washington
Wisconsin
Wyoming
Wire Availability
ACH and Wire Availability
Alabama
Alaska
Arizona
California
Colorado
Connecticut
Washington DC
Florida
Georgia
Hawaii
Illinois
Indiana
Kansas
Kentucky
Massachusetts
Maryland
Michigan
Missouri
Montana
Nebraska
New Hampshire
New Jersey
North Carolina
Oregon
Pennsylvania
Rhode Island
South Carolina
Tennessee
Texas
Utah
Virginia
Washington
Wisconsin
Wyoming
App Store logo
Google Play logo
BlockFi Lending LLC NMLS ID#1737520 | NMLS Consumer Access
BlockFi Trading LLC NMLS ID#1873137 | NMLS Consumer Access
Disclaimer: Rates for BlockFi products are subject to change. Digital currency is not legal tender, is not backed by the government, and BIA accounts are not subject to FDIC or SIPC protections. Security is our top priority. Please see our Vulnerability Disclosure Form and Bug Bounty Program.
2020 © All Rights Reserved.
Apple Store logo
Google Play logo
BlockFi Lending LLC NMLS ID#1737520 | NMLS Consumer Access
BlockFi Trading LLC NMLS ID#1873737 | NMLS Consumer Access
Disclaimer: Rates for BlockFi products are subject to change. Digital currency is not legal tender, is not backed by the government, and BIA accounts are not subject to FDIC or SIPC protections. Security is our top priority. Please see our Vulnerability Disclosure Form and Bug Bounty Program.
2020 © All Rights Reserved.