DOJ Sides With Regulators Over Celsius Stablecoin Sale

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• The DoJ has sided with regulators over the treatment of Celsius’ stablecoin holdings
• Celsius wants to liquidate $23 million worth of coins, but two regulators opposed the idea
• The DoJ has agreed with them, saying that there are too many unknowns to approve the sale

The Department of Justice (DoJ) has sided with two state regulators who opposed plans by Celsius to sell its stablecoin holdings,