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Securities supervisory authorities submit orders against crypto loan Celsius-regulation
A press release published by the government of New Jersey shows that the cryptocurrency credit platform Celsius was delivered to the New Jersey Bureau of Securities. In addition, the Texas State Securities Board Celsius arranged for a hearing and also threatens to do so. The regulatory authorities do not take on platforms that offer high interest rates for various cryptocurrencies. Regulatory authorities in New Jersey send Celsius for “Earn Rewards Accounts” a omission of US supervisory authorities from the Securities and Exchange Commission (SEC), politicians and securities guards of individual states have aimed at centralized exchanges, decentralized finances (defi) and especially on platforms that returns. Lately …
Securities supervisory authorities submit orders against crypto loan Celsius-regulation
A press release published by the government of New Jersey shows that the cryptocurrency credit platform Celsius was delivered to a injunction by the New Jersey Bureau of Securities. In addition, the Texas State Securities Board Celsius arranged for a hearing and also threatens to do so. The regulatory authorities do not take on platforms that offer high interest rates for various cryptocurrencies.
regulatory authorities in New Jersey send Celsius a ingredient
because of “Earn Rewards Accounts”US supervisory authorities of the Securities and Exchange Commission (SEC), politicians , and securities keeper of individual states have aimed at centralized stock exchanges, decentralized finances (defi) and especially on platforms that offer returns.
Lately has blockfi Topics in New Jersey and vermont , Texas, alabama , and kentucky . The state guards had problems with the company's Blockfi Interest Accounts (BIA). Even Coinbase CEO Brian Armstrong had words to say about the threat of the Sec who sued the company noted at the Nasdaq.
NJBOS announced Celsius until October, Texas Hearing for February 2022 planned
"Let your crypto work and earn with your coins that are paid out every Monday," says the web portal. Similar to the complaints submitted to Blockfi, Gerold and the NJBOS say that the "arrangement is to protect the investing public".
"The Celsius Earn Rewards accounts are not registered with the Bureau or another securities supervisory authority," emphasizes the injunction. Therefore, these accounts of Celsius offers are "not protected by the Securities Investor Protection Corporation (SIPC)". The order adds:
According to the NJBOS registration, Celsius must stop promoting new Jersey customers until October. In the