El Salvador has passed a law allowing for digital assets to be used in public offerings, such as Bitcoin bonds, and creating an agency to manage its digital assets with stringent regulations.
The future of crypto regulation is still uncertain, but it is clear that a comprehensive plan is needed to provide clarity on the classification of digital assets and the appropriate regulatory body.
Celsius is taking steps to submit a request to prolong the deadline for its account holders to submit claims in its current bankruptcy proceedings.
