Texas Loans

States report crypto accounts earning Celsius interest

By Randy D. Rooker
0


[ad_1]

By Elise Hansen (September 17, 2021, 7:11 p.m. EDT) – Digital asset firm Celsius was hit by a pair of state regulatory measures on Friday, as the New Jersey securities regulator ordered the company to stop offering interest-bearing cryptocurrency products. and the Texas authorities have requested further information on the products.

The New Jersey Bureau of Securities issued a cease and desist order against Celsius Network LLC, claiming it had raised at least $ 14 billion by selling unregistered securities in the form of productive crypto-asset accounts of interest. The Texas State Securities Board summoned Celsius for a hearing in February in which the regulator said it would seek an order requiring Celsius to stop violating state securities …

Stay one step ahead

In the legal profession, information is the key to success. You need to know what’s going on with customers, competitors, practice areas, and industries. Law360 provides the intelligence you need to stay an expert and beat the competition.

  • Access to case data in articles (numbers, filings, courts, nature of prosecution, etc.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, requests, etc.
  • Create personalized alerts for specific articles and topics and more!

TRY LAW360 FREE FOR SEVEN DAYS

[ad_2]

Related posts:

  1. Texas Legislative Update 2021: Issues Affecting Developers of Planned Communities and Condominiums and Developer-Controlled Communities – Real Estate and Construction
  2. Why is a digital financing alternative for your startup more convenient than a bank loan?
  3. Student loan cancellation refused by the Supreme Court: here’s why
  4. Man awaiting trial for Covid-19 bank fraud begins again, authorities say
Randy D. Rooker
You might also like More from author

Leave A Reply

Your email address will not be published.