Texas, Vermont regulators object to Celsius stablecoin sale plan By Cointelegraph
September 30, 2022
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Texas, Vermont regulators object to Celsius stablecoin sale plan
State regulators from Texas and Vermont have filed a motion objecting to embattled crypto lender Celsius’ plans to sell off its stablecoin holdings.
Separate motions from both regulators filed on Sept. 29 argue that there’s a risk the firm could use the capital to resume operating in violation of state laws.
Continue Reading on Coin Telegraph
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Texas, Vermont regulators object to Celsius stablecoin sale plan
State regulators from Texas and Vermont have filed a motion objecting to embattled crypto lender Celsius’ plans to sell off its stablecoin holdings.
Separate motions from both regulators filed on Sept. 29 argue that there’s a risk the firm could use the capital to resume operating in violation of state laws.
Continue Reading on Coin Telegraph