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How has the lender Celsius responded to the claims made by the Vermont regulator?

avatarMed Fares AissaDec 17, 2021 · 3 years ago3 answers

What is the response from Celsius, a lender in the cryptocurrency industry, to the claims made by the Vermont regulator?

How has the lender Celsius responded to the claims made by the Vermont regulator?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    Celsius has responded to the claims made by the Vermont regulator by stating that they are fully compliant with all applicable laws and regulations. They have emphasized their commitment to transparency and have provided evidence to support their claims. Celsius has also expressed their willingness to cooperate with the regulator and address any concerns they may have. Overall, Celsius maintains that they have operated within the legal framework and are confident in their compliance practices.
  • avatarDec 17, 2021 · 3 years ago
    In response to the claims made by the Vermont regulator, Celsius has taken a proactive approach. They have engaged in open communication with the regulator to address any concerns and provide necessary information. Celsius has also conducted internal reviews to ensure compliance with regulations. They have made it clear that they prioritize the security and trust of their users and are committed to maintaining a transparent and compliant operation. Celsius has expressed their willingness to work with regulators to further strengthen the industry and protect the interests of all stakeholders.
  • avatarDec 17, 2021 · 3 years ago
    As a third-party observer, it is important to note that Celsius has responded to the claims made by the Vermont regulator in a professional and cooperative manner. They have provided detailed explanations and evidence to support their compliance with regulations. Celsius has also expressed their commitment to working with regulators to ensure a safe and transparent environment for cryptocurrency lending. It is crucial for regulators and industry participants to engage in constructive dialogue to address any concerns and foster a healthy ecosystem for the cryptocurrency industry.