Celsius Community Update — June 23, 2021
At Celsius, we pride ourselves on our commitment to you — the community. As part of that commitment, we will always do our best to be as transparent as possible. Celsius is scaling globally at an exponential pace, and we’re focused on making strategic, sustainable decisions that allow us to keep providing our unprecedented services to as many people as possible.
Celsius provides global services to customers around the world, while our business operations have been based out of the United Kingdom. Due to the increased regulatory uncertainty happening in the UK today and recent news from the industry overall, we at Celsius have been evaluating our options to do what’s in the best interest of our ever-growing community.
After careful consideration, we are excited to share that we will be migrating our main business activity and headquarters from the United Kingdom to the United States and where applicable, to several other jurisdictions. This will provide Celsius and its community with more stability, clarity, and development opportunities to continue expanding our global impact and infrastructure.
This decision also means that we have chosen to withdraw our application from the UK Financial Conduct Authority’s (FCA) temporary registration regime for crypto asset firms. Instead, our efforts will be focused on securing licenses and registrations in the US and other jurisdictions that...
This article was first published on medium.com.
Written by Celsius.