A Voyager Digital update has been released regarding the orders the Company received from several state securities divisions during the weeks of March 30, 2022 and April 5, 2022. Customers of these orders may earn rewards on their balances of certain crypto assets (“Voyager Earn Program”). This update will ease the minds of those unfamiliar with the company who would previosuly lose fair and potentially think the company was a scam or an untrustworthy exchange based on negative news.
In addition to these announcements, Voyager has also received additional orders from California and South Carolina expressing similar concerns. All but one state, Kentucky, continue to permit customers to participate in the Voyager Earn Program. Voyager continues to engage in dialogue with several states in order to pursue an acceptable regulatory solution.
“It is encouraging that all states, other than Kentucky, have allowed Voyager to continue to operate the Voyager Earn Program. Based on the continued operation of the Voyager Earn Program and similar programs across the industry, I am hopeful that an acceptable path forward can be agreed upon to ensure that our customers can continue to be rewarded for their loyalty to Voyager in these inflationary times and to keep the US crypto-asset industry at the forefront of crypto adoption and innovation. Voyager’s ethos has been, and will continue to be, about giving our customers the most accessible and rewarding experience possible,” said Stephen Ehrlich, CEO and co-founder of Voyager.
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