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Crypto Lender Celsius Hit With 2 Securities Actions in 1 Day By CoinQuora


Crypto Lender Celsius Hit With 2 Securities Actions in 1 Day
  • Crypto lender Celsius received an order to stop offering interest accounts.
  • The Texas State Security Board filed a case to halt Celsius’s offering in Feb.
  • Five State Regulators have issued the same order to Celsius opponents.

New Jersey Security Regulators issued an order to crypto lender Celsius on September 17th, directing it not to offer interest accounts within the country. On the same day, Texas State Security Board brought a case demonstrating that they had made the exact same order in February to stop Celsius offering.

Moreover, Friday moves serve full regulatory action to clamp down on crypto lenders throughout the U.S. As a result, five state regulators have issued the same order to Celsius’s opponent, BlockFi. New Jersey, where BlockFi is located, was actually the first to respond in either case.

Furthermore, the main principle is that cry…

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