Crypto lending platform Celsius Network has received court approval to transition into a Bitcoin mining company. The move is part of the company’s efforts to compensate its customers whose funds have been inaccessible for over a year. However, some customers are skeptical about the shift to mining, and regulatory approval is still needed. The Securities and Exchange Commission (SEC) has been asked to expedite its decision on Celsius Network’s plan to become a publicly-traded Bitcoin mining entity.
AI Sentiment: Positive
