Cryptocurrency-powered lender Celsius Network (CRYPTO: CEL) launched its crypto-backed lending service in California following regulatory approval.
What Happened: According to a Monday announcement, Celsius Network launched its service in California after receiving its Finance Lender license in the state — which enables the firm to expand its operations and provide its service to Californians.
Notably, if the loan to crypto collateral ratio does not exceed 25%, the loan is free, coming at an impressive 0% APR.
The firm claims that it now is “one....More>>>