How this affects Nuri’s Bitcoin Interest Account

In their announcement, Celsius explained that they took this action to stabilise liquidity and operations for the benefit of the entire community. While the withdrawal function is being paused, interest will, however, continue to accrue during the pause. 

For the Nuri Bitcoin Interest Account this means that interest is still accumulated and paid out when these measures are lifted. Until there are further updates, we have also decided to temporarily pause the investing functionality for our Bitcoin Interest Account. 

Nuri remains transparent

We want you to be in control of your finances. That’s why we’re in close contact with Celsius about the duration of this withdrawal pause. We will of course update you directly as we receive more information on the status. 

Nuri remains active 

We want you to be able to withdraw and invest freely at any time. While withdrawals and investments for the Bitcoin Interest Account are temporarily paused, all our other banking and investing features are still active and ready to be explored. 

Nuri remains to be here for you

We understand that money is a delicate subject. That’s why we commit to continue being available for you and your questions. We continue to work hard to ensure this situation is clarified and resolved as fast as possible – because your personal and financial well-being is our highest priority.

You can find Celsius’ full statement here.  

Note: The Bitcoin Interest Account is subject to a separate contract with and separate terms and conditions by our partner Celsius Network, in which Nuri is not involved. By offering the Bitcoin Interest Account, Nuri brokers transactions for the acquisition and sale (here: non-cash lending) of financial instruments within the meaning of section 1 (1a) sentence 2 no. 1 KWG (investment brokerage). In brokering the Bitcoin Interest Account, Nuri acts exclusively for the account and under the liability of Solarisbank AG as a tied agent (vertraglich gebundener Vermittler) within the meaning of section 2 para. 10 KWG. For more information, please see our Special Terms and Conditions and the Risk Disclosure for the Bitcoin Interest Account.