Finance News

Story: Why would Alex Mashinsky of Celsius Network (CEL) Apologize?

By James Thorp

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Alex Mashinsky expressed:  I want to apologize to the Celsius Network NYS users. The services provided to our NY users through our partnership with Prime Trust are not at…

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Community response:  Can someone tell me what is going on? I am roasting my skin at the sun and relaxing in Sicily and I hear the hypothetical news about the UK but no one…

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The official update read thus:  “Celsius, we pride ourselves on our commitment to you — the community.

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Celsius provides global services to customers around the world, while our business operations have been based out of the United Kingdom.

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After careful consideration, we are excited to share that we will be migrating our main business activity and headquarters from the United Kingdom to the United States and where…

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This decision also means that we have chosen to withdraw our application from the UK Financial Conduct Authority’s (FCA) temporary registration regime for crypto asset firms.

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For the avoidance of doubt, all Celsius services for all existing customers remain unchanged.

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Our team has been working diligently to chart the path for the future of Celsius, and we share this news with the utmost transparency and timeliness and with a clear path ahead.

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