Celsius


Videos

How the Crypto Crackdowns in China and US Are Different

China's central bank outlawed all crypto trading activities effective Friday as U.S. federal regulations are also increasingly coming into focus. What are the similarities and differences between the U.S. and China's crypto crackdowns? "[U.S. regulators] are trying to implement an actual regulatory regime ... that's a far sight from declaring transactions illegal entirely, and it does not look like the U.S. is heading down that path," CoinDesk's Nikhilesh De said. Plus, Kentucky ordered crypto lender Celsius to stop offering accounts in the U.S. state.

Recent Videos

Policy

Nexo Co-Founder Details Crypto Lender’s Plan to Stay Out of Regulators’ Crosshairs

Nexo wants to avoid the fate of BlockFi and Celsius, which are under investigation by U.S. state regulators.

Nexo co-founder Antoni Trenchev speaks at Consensus 2019. (CoinDesk archives)

Videos

Biden Administration Plans Cryptocurrency Sanctions to Combat Ransomware

The Biden administration is planning an array of actions to mitigate ransomware attacks, focusing on payments. This week, the U.S. Treasury Department plans to unveil sanctions and guidance to tackle cryptocurrency payments made to phone companies that have been victims of ransomware attacks. CoinDesk’s Nikhilesh De discusses what to expect.

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Policy

3 States: Alabama Securities Commission Also Claims Celsius Violated Securities Laws

Texas and New Jersey both announced they believed Celsius violated state securities laws on Friday.

mashinsky

Finance

Celsius CEO Eager to ‘Educate’ Securities Regulators in Brewing Legal Fight

In an AMA Friday, Celsius CEO Alex Mashinsky said the crypto lender was ready to work with regulators.

Celsius CEO Alex Mashinsky (CoinDesk archives)

Policy

New Jersey Piles On: Crypto Lender Celsius Hit With 2 Securities Actions in 1 Day

The Garden State is joining Texas in taking Celsius to task.

Celsius CEO Alex Mashinsky

Videos

Texas Securities Regulator Adds Celsius to Its Crypto Lending Crosshairs

The Texas State Securities Board (TSSB) is cracking down on Celsius with an allegation of offering interest-bearing crypto deposits to be unregistered securities. It ordered the crypto lending startup to appear before a hearing in February 2022, where a cease-and-desist order will be considered. Texas has already issued a similar warning to BlockFi. "The Hash" panel discusses the implications for Celsius facing regulatory pressure in Texas in the latest sign of U.S. watchdogs’ growing scrutiny of the booming crypto lending industry.

Recent Videos

Policy

Texas Securities Regulator Adds Celsius to Its Crypto Lending Crosshairs

Texas has already issued a similar warning to BlockFi.

Celsius CEO Alex Mashinsky

Markets

Crypto Lender Celsius Confirms $54M Investment in Miner Core Scientific

The announcement follows just two days after Core Scientific said it planned to list its shares on the Nasdaq via a merger.

Celsius CEO Alex Mashinsky