In brief BlockFi settled with regulators over its high-interest accounts in February. Celsius, a competitor, is also changing its offerings to comply with regulators. U.S. and state regulators have be...
Tag: nonaccredited
Celsius stops offering new products to non-accredited investors in US
The SEC appears to be clamping down on crypto services offering yield-bearing products to U.S. citizens. Celsius Network is the latest in a series of crypto services that have had to close their doors...
Celsius Will Discontinue Earn Product for Non-Accredited U.S. Investors
Key Takeaways Celsius has announced that most U.S. users will no longer be able to use Celsius Earn. Starting Apr. 15, only accredited investors will be able to earn yield on their crypto assets using...
Celsius Bans New Transfers by US Nonaccredited Investors From Earning Crypto Rewards
“As we previously have acknowledged, Celsius has been working closely with regulators around the world. It is our intention to be as transparent with our community as possible,” the company said in a ...