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Cryptocurrency News

Texas, Vermont regulators object to Celsius stablecoin sale plan

09/30/2022

Less than a minute

2022.09.30 01:02

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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.

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