Stabilizing Liquidity and Operations Will Take Time: Celsius

Beleaguered crypto lending platform Celsius (CRYPTO: CEL), which had paused all withdrawals, swaps, and transfers between accounts last week Monday said while its objective continues to be stabilizing its liquidity and operations, the process will take time.

“It has been one week since we paused withdrawals, Swap, and transfers. We want our community to know that our objective continues to be stabilizing our liquidity and operations. This process will take time,” the platform stated.

Dialogue open with regulators

It further said that it was maintaining an open dialogue with regulators and officials and will continue working with regulators …

Full story available on Benzinga.com

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