04-12-2022, 08:55 PM
Celsius will no longer pay interest to United States users.
<!-- SC_OFF --><div class="md"><p>The official Celsius twitter account just posted this news. </p> <h2>New transfers (after April 15) by United States users will not earn rewards.</h2> <p>Anything you’ve deposited to Celsius before April 15th will continue to earn rewards but that does it for US users for any yield on future deposits. </p> <h1>UNLESS…</h1> <p>…You’re an accredited investor. </p> <p>Wow. It’s perfectly fine to allow the wealthy to keep getting paid but the door is now closed to the vast majority of Americans.</p> <p>These actions are why crypt exists in the first place. </p> <p>DeFi is where we should be headed anyway.</p> <p>Celsius will still custody coins that you deposit and US users will still have access to other features like swap, borrow etc. </p> <p>Who didn’t see this coming?</p> <p>Edit spelling</p> <h1>Accredited investor: An individual with a yearly gross income of $200,000 (for two years prior) and a net worth of at least $1 million</h1> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Kevin3683"> /u/Kevin3683 </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/u20kuz/celsius_will_no_longer_pay_interest_to_united/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/u20kuz/celsius_will_no_longer_pay_interest_to_united/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>The official Celsius twitter account just posted this news. </p> <h2>New transfers (after April 15) by United States users will not earn rewards.</h2> <p>Anything you’ve deposited to Celsius before April 15th will continue to earn rewards but that does it for US users for any yield on future deposits. </p> <h1>UNLESS…</h1> <p>…You’re an accredited investor. </p> <p>Wow. It’s perfectly fine to allow the wealthy to keep getting paid but the door is now closed to the vast majority of Americans.</p> <p>These actions are why crypt exists in the first place. </p> <p>DeFi is where we should be headed anyway.</p> <p>Celsius will still custody coins that you deposit and US users will still have access to other features like swap, borrow etc. </p> <p>Who didn’t see this coming?</p> <p>Edit spelling</p> <h1>Accredited investor: An individual with a yearly gross income of $200,000 (for two years prior) and a net worth of at least $1 million</h1> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Kevin3683"> /u/Kevin3683 </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/u20kuz/celsius_will_no_longer_pay_interest_to_united/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/u20kuz/celsius_will_no_longer_pay_interest_to_united/">[comments]</a></span>Kind Regards R