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Regulators are piling the pressure on high-yield crypto
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fnlondon.comThe days of earning 9% yields on cryptocurrencies appear to be ending for retail investors as regulatory pressures ramp up on the industry.
Celsius Network, one of the largest crypto lenders, said last week that it would stop offering its high-yielding “Earn” cryptocurrency accounts to nonaccredited investors, effective 15 April. Accredited investors are individuals with at least $1m in net worth or more than $200,000 in annual income.
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