Cryptocurrency lender Celsius is banning new transfers from nonaccredited investors on its U.S. platform from earning rewards on its program effective Friday.
Starting April 15, only “accredited” U.S. investors will be able to add new assets and earn rewards on Celsius' Earn platform, said the company. To be deemed accredited in the U.S., investors must have a minimum annual income of $200,000 or a net worth over $1 million.