BlockFi will begin its first temporary cryptocurrency distribution through Coinbase this month

ChainCatcher news, BlockFi announced on X that it will begin its first temporary cryptocurrency distribution through Coinbase this month. These distributions will be processed in batches over the next few months, and eligible customers will receive a notification via email sent to their archived BlockFi accounts. Due to applicable regulatory requirements, non-U.S. customers are currently unable to receive funds.

Previous news, the BlockFi network platform will close in May, and Coinbase will support cryptocurrency withdrawals for its customers.