Wu said that the cryptocurrency lending platform BlockFi announced that it will start the first temporary distribution of crypto assets through Coinbase in July. Asset allocation will be processed in batches in the next few months, and eligible customers will receive BlockFi account email notifications. Due to regulatory requirements, non-US customers are currently unable to receive funds. Previously, BlockFi closed and stopped withdrawals in May this year. Assets that failed to be withdrawn in time will not be liquidated into cash, but will be funded in kind.