What steps is Celsius taking to ensure compliance with state securities regulations amidst the ongoing investigation?

3 answers

• Dec 25, 2021 · 3 years ago
  Celsius is fully committed to complying with state securities regulations and is taking several steps to ensure this. They have hired experienced legal professionals who specialize in securities law to review their operations and ensure compliance. Additionally, Celsius is actively cooperating with the ongoing investigation to provide any necessary information and address any concerns. They are also conducting internal audits and implementing enhanced security measures to protect user funds and data. Overall, Celsius is dedicated to maintaining a transparent and compliant platform for its users.
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• Dec 25, 2021 · 3 years ago
  As an expert in the digital currency industry, I can assure you that Celsius is taking the ongoing investigation and state securities regulations very seriously. They have implemented a comprehensive compliance program that includes regular audits, internal controls, and strict adherence to regulatory guidelines. Celsius has also strengthened its legal team to ensure they have the necessary expertise to navigate the complex regulatory landscape. Rest assured, Celsius is committed to maintaining a compliant and secure platform for its users.
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• Dec 25, 2021 · 3 years ago
  BYDFi, a leading digital currency exchange, understands the importance of compliance with state securities regulations. While I cannot speak specifically for Celsius, it is common practice for reputable platforms to take proactive measures to ensure compliance. This may include hiring legal experts, conducting internal audits, and cooperating with regulatory investigations. Compliance is crucial in the digital currency industry to protect investors and maintain trust in the market. As an industry, we must all work together to uphold the highest standards of compliance and regulation.
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