Investment platform MyConstant has been ordered by the California Department of Financial Protection & Innovation (DFPI) to desist and refrain from violating the California Securities Law and Cali...
Tag: Refrain
California issues cease, refrain order to Nexo over offering clients an Earn Interest Product
Nexo revealed that it stopped onboarding new U.S. clients to its Earn Interest Product in February 2022 after financial regulators in eight states initiated legal actions against it. According to the ...
California Regulator Files Desist and Refrain Order Against Nexo
More than 18,000 California residents had Nexo interest accounts as of July 31, the California regulator alleges DFPI has issued similar actions against BlockFi, Voyager Digital and Celsius Network Ca...
Here’s Why Crypto Traders Should Refrain From Shorting The Market Right Now
Currently, Bitcoin (BTC) and Ethereum (ETH) are dominating the cryptocurrency markets and fending off the bears. So far, the markets have made a respectable recovery, although they encountered a numbe...
DFPI of California Issued “Desist and Refrain” Order Against Celsius
Financial regulator of California issued an order against crypto lender Celsius Network. It issued the order of “Desist and Refrain” to Celsius Network for violation of state law. Ripple Labs also sho...
California Financial Regulator Slaps Crypto Lender Celsius With ‘Desist and Refrain’ Order Amid Bankruptcy
California’s financial services regulator is issuing a desist and refrain order to embattled crypto lender Celsius Network for violating state laws. The Department of Financial Protection and Innovati...
Celsius Served With Desist And Refrain Order
Celsius Network, a cryptocurrency lender which filed bankruptcy last month has now landed into another trouble. Department of Financial Protection and Innovation (DFPI) issued an order against the len...
Singapore Urges Local Crypto Companies to Refrain From Promoting Digital Assets: Report
The city-state’s central bank – the Monetary Authority of Singapore (MAS) – reportedly issued guidelines that limit crypto trading service providers from promoting such assets. The financial instituti...