Tag: CEL

Two US states are filing legal actions against a cryptocurrency lending company they claim is selling unregistered securities. Texas and New Jersey are taking legal measures against London-based Celsius Network…

Coinbase Inc., one of the leading crypto exchanges in the US recently revealed that the Securities and Exchange Commission has threatened it with a lawsuit over an unreleased stablecoin lending…

A news release published by the New Jersey government web portal indicates that the cryptocurrency lending platform Celsius has been sent a cease and desist order from the New Jersey…

The securities regulator for Alabama issued a show-cause order on Thursday to crypto lender Celsius, seeking an explanation for why its offerings don’t constitute the sale of securities under state…

While the SEC’s legal battle against Ripple is the biggest clash between a regulator and a crypto project of this year, it is hardly the only one. In fact, another…

Texas and New Jersey both announced they believed Celsius violated state securities laws on Friday.

Celsius pays high interest rates on Bitcoin and other cryptocurrencies placed in accounts on the platform.

“Companies dealing in cryptocurrencies are not immune from oversight,” said New Jersey’s acting attorney general Andrew Bruck.

In an AMA Friday, Celsius CEO Alex Mashinsky said the crypto lender was ready to work with regulators.