If the SEC keeps digging, who knows what they'll uncover next? Its newest worry is the high-yield crypto lending products offered by Gemini, Celsius Network, and Voyager Digital.
The United States Securities and Exchange Commission is reportedly reviewing some of the high-yield crypto lending products offered by Gemini, Celsius Network and Voyager Digital.published on Bloomberg, the SEC is conducting an inquiry into digital asset lending services.
The main focus of the inquiry is reportedly around whether the crypto lending services could be considered securities and, therefore, must be registered with the commission.The SEC’s main concern reportedly lies with the high-yield offering by crypto lending services, which are often considerably higher than most savings banks. The interest rates
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