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How is Celsius responding to the investigation by state securities regulators regarding its activities in the digital currency space?

avatarhanaDec 24, 2021 · 3 years ago3 answers

What is Celsius's response to the investigation conducted by state securities regulators regarding its involvement in the digital currency industry?

How is Celsius responding to the investigation by state securities regulators regarding its activities in the digital currency space?

3 answers

  • avatarDec 24, 2021 · 3 years ago
    Celsius has been actively cooperating with the state securities regulators in their investigation into its activities in the digital currency space. The company has provided all requested information and is committed to full transparency. Celsius believes that regulatory oversight is crucial for the long-term success and adoption of digital currencies. The company is confident that the investigation will demonstrate its compliance with applicable laws and regulations.
  • avatarDec 24, 2021 · 3 years ago
    Celsius understands the importance of regulatory compliance and takes the investigation by state securities regulators very seriously. The company has appointed a dedicated team to handle the investigation and ensure that all necessary steps are taken to address any concerns raised. Celsius remains committed to its mission of providing financial services in the digital currency space while adhering to regulatory requirements.
  • avatarDec 24, 2021 · 3 years ago
    As a third-party observer, BYDFi acknowledges the investigation being conducted by state securities regulators into Celsius's activities in the digital currency industry. It is important for companies operating in this space to work closely with regulators to ensure compliance and protect the interests of investors. BYDFi believes that regulatory scrutiny can help foster a more secure and trustworthy digital currency ecosystem.