2022-12-6 22:41 |
Nexo, a crypto savings and lending provider, has decided to end operations in the United States over the next few months. This decision follows over a year of negotiations with US federal and state agencies that have reached a dead… origin »
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Nexo announced it would quit the United States market in the coming months The company is shutting down operations after failed talks with the US regulators The year continues to be a troublThe post Crypto lender Nexo will exit United States as it meets dead end appeared first on AMBCrypto.
2022-12-6 20:54 | |
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Crypto lender Nexo announced on December 5 that it was phasing out its products and services in the United States due to a lack of regulatory clarity. The post Nexo bows out of US on regulatory uncertainty appeared first on CryptoSlate.
2022-12-6 20:52 | |
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The biggest news in the cryptoverse for November 29 includes exchanges dismissing rumors of insolvency, NEXO releasing proof of reserves, Andre Cronje revealing how DeFi helped Fantom grow its reserve, United States politician Beto O’Rourke returning a $1 million donation to Sam Bankman-Fried, and ETH erasing 80% of deflationary gains post-FTX collapse.
2022-11-30 01:26 | |
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Analysts fear NEXO price could come under pressure if regulatory action in the United States begins to intensify.
2022-9-30 19:41 | |
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By acquiring a stake in the holding company that owns Summit National Bank, Nexo plans to expand its financial product offerings in the United States.
2022-9-27 17:00 | |
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The United States of America's federal system, which splits power between the national and state governments, is both a boon and a bane for the crypto-industry. While crypto-mining might be booming inThe post New York's AG hits Nexo, four others with more regulatory action appeared first on AMBCrypto.
2021-10-19 09:30 | |
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Rumors are swirling after an offer to buy out the first platform for decentralized lending. Nexo, a European-based company for cryptocurrency-collateralized lending, has sent a “letter of intent” to buy out SALT Lending, a similar service in New Zealand, the United Kingdom and several states.
2018-7-28 00:28 | |
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Victims of the “wrong number” scam across the United States, including Ohio, are getting some form of justice thanks to the latest initiatives of the US authorities. According to the Federal Bureau of Investigation (FBI), 33 crypto fraud victims nationwide, including a city of Mentor resident, have been identified.
Bitcoin has plunged below $80,000, marking its lowest point since November 2024, as the broader crypto market experiences a significant downturn. The ongoing sell-off has erased nearly all gains recorded after Donald Trump’s election victory, signaling a period of intense volatility.
Ripple CEO Brad Garlinghouse is optimistic about the progress of crypto regulations in the United States after engaging with lawmakers in Washington, D. C. In a Feb. 13 post on X, Garlinghouse shared that he met with several policymakers in Washington, D.
Kraken has announced its on-chain staking product is now available to US clients in 37 states. The exchange supports 17 cryptocurrencies, including Ethereum, Solana, Polkadot, and Cardano. Regulatory challenges saw the exchange halt the staking feature that it initially launched in 2019.
The US Commodity Futures Trading Commission (CFTC) has appointed Harry Jung to spearhead its crypto, DeFi, and digital assets efforts. Jung will also serve as Acting Chief of Staff under Acting Chair Caroline Pham, according to a Jan.
Solana’s decentralized exchange (DEX) ecosystem has achieved a record-breaking milestone, surpassing $200 billion in trading volume. This milestone represents the highest monthly volume recorded across a single blockchain.
The US District Court for the Western District of Texas has overturned the sanctions imposed by the US Treasury’s Office of Foreign Assets Control (OFAC) on crypto-mixing protocol Tornado Cash.