Celsius
Celsius, the crypto lending group, has been ordered to stop offering interest-bearing accounts in the state of Kentucky. The post Kentucky regulator orders Celsius to stop offering crypto accounts appeared…
Kentucky has become the fourth U.S. state to crack down on cryptocurrency lending firm Celsius Network.
The New Jersey Bureau of Securities has once again delayed the enactment of the cease-and-desist order it had issued for new interest accounts with crypto-lender BlockFi. The firm announced the…
The crypto now can appeal the decision on courts, requesting an emergency hearing.
On Thursday, September 23, Kentucky’s securities regulator asked crypto lender Celcius to immediately stop offering its interest-paying accounts in the state. The cease and desist order coming from the Kentucky…
The regulator is alleging Celsius’ interest-bearing accounts violate state securities law.
Catch up on the latest crypto market news at The Currency Analytics. Alex Mashinsky expressed: To all Celsius Network clients, partners and ambassadors, with regards to recent actions by the…
Celsius CEO, Alex Mashinsky, has promised that the company will work with US regulators after Texas and New Jersey went after the platform.
Celsius has been brought to book for allegedly offering unregistered securities to residents of the state of Texas, and is expected to offer reasons why it should be allowed to…
Earlier this year, crypto lending platform BlockFi started facing the heat from state regulators in New Jersey, Texas, and Alabama. Other states have joined the fold since then, as well.
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