Celsius announced that, in order to comply with United States regulations, they would no longer allow non-accredited investors from the U.S. to “earn rewards on” (that is, lend) their crypto using their Earn product. Earn advertises that people can “earn up to 18.63% APY, get paid weekly” by putting their crypto into a Celsius account, which Celsius then lends out in exchange for interest. There are, of course, no insurance protections for the user in case of losses. Non-accredited investors will now be limited to only using their Celsius account to exchange, borrow, or transfer crypto — not lend.Individual accreditation is based on net worth or income: only those with net worth above $1 million, or yearly income above $200,000, qualify. American Celsius users were largely unhappy with the change, with one writing, “Celsius Network making the rich richer. Shameful.”