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Celsius network Breaking News! No more interest!
It's official. Celsius has announced that there will be no more yield for the time being but only for US customers that are non-accredited investors. This is a huge blow to the normal people out there. We don't know if this will last but as the SEC ramps us looking into every company they can this is likely to continue until real clarity is set for the crypto world. Alex Manshinsky will likely have an AMA on this from Celsius.Network where others will be able to ask questions.
No more interest on Bitcoin unless you are an accredited investor in the USA. We are fortunate enough to operate a company called TalonCapital.US that is accredited and that allows us to continue to collect great interest rewards for what we have. We are operating in the private lending business where others who don't have access to this now can lend us money at interest and we use our company to make investments in crypto, real estate, stocks, metals, and more. This still creates and great yield for the lenders while making it worthwhile for us on the spread.
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