According to The Block, the encrypted lending company BlockFi obtained an exemption from the US Securities and Exchange Commission (SEC) through the "1933 Securities Act registration requirements", resumed the high-yield encrypted savings account BlockFi Yield service, and only qualified US investor customers (approximately US 13% of the total households) can earn interest through BlockFi Yield, which provides interest services for 15 different cryptocurrencies. Foresight News previously reported that in February of this year, the SEC accused BlockFi Interest Account (BIA) of being unregistered securities and imposed a $100 million fine on BlockFi.