Celsius Network says its CEL token face regulatory risk in latest disclosure
The digital asset lending company recently updated its risk disclosure to point out that aside from lost keys and stolen coins, regulators are now a risk.
The digital asset lending company recently updated its risk disclosure to point out that aside from lost keys and stolen coins, regulators are now a risk.
The regulators filed a mix of show cause and cease and desist orders against Voyager, which replied by saying that its products haven’t violated securities laws.
BSV Academy launches the "Bitcoin Primitives: Digital Signatures," course which aims to help developers understand Bitcoin's digital signatures and how it is used in processing Bitcoin transactions.
The U.S. securities regulator announced that BlockFi had agreed to pay the penalties and “pursue registration” of its lending product paying an initial $50M penalty to the regulator and a further $50M to 32 states.
The U.S. securities regulator believes that these companies offer products that should be regulated as securities, months after going after Coinbase for its Lend product.
New York’s attorney general has joined Kentucky, New Jersey and Alabama authorities in launching an attack on digital currency lending platforms, with sights set on Celsius and Nexo.
Kentucky has joined New Jersey, Alabama and Texas in booting out digital currency lender Celsius Network, issuing a cease-and-desist order against the firm.
New Jersey regulators have extended the ban on BlockFi’s new interest accounts for the third time, this time to December 1, even as lending purge continues.
After they took action against BlockFi, three U.S. states have now filed orders seeking to kick Celsius out as the war on digital currency lending continues.
Kentucky's Department of Financial Institutions has issued a cease and desist order to BlockFi over its BlockFi Interest Accounts.
Co-founder and CEO Zac Prince confirmed that the NJ watchdog has given the firm one more month before it has to shut down its interest-bearing accounts.
The state of Texas has filed a Cease and Desist order against BlockFi and claims that BlockFi's Interest Accounts are unregistered securities.