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SEC reportedly probing crypto lending products by Gemini and Celsius -Breaking

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The United States Securities and Exchange Commission (USSEC) is currently reviewing certain high-yield crypto lending programs offered by Gemini Network, Celsius Network and Voyager Digital.

According to a ReportThe SEC has launched an inquiry into digital asset loan services, according to Bloomberg. The inquiry will reportedly focus on whether or not crypto lending services are securities. Therefore, registration with the SEC is required.