Nexo

Nexo Agrees to Pay $45 Million in Fines to US Authorities

The fines will be paid to the SEC and NASAA, who opted for a lower penalty in light of Nexo’s…

1 year ago

Distressed Crypto Firm Vauld Receives More Time to Present Restructuring Plan (Report)

A Singapore court has supposedly extended Vauld's creditor protection until February 28, 2023.

1 year ago

Nexo Turmoil Causing Tension in Bulgarian Parliament

The Nexo drama has prompted political tension in Bulgaria after it was revealed that firm employees had donated to one…

1 year ago

NEXO Bulgarian Offices Reportedly Raided by Authorities

The Bulgarian offices of Nexo are being raided, according to local reports.

1 year ago

Nexo is Leaving the United States Due to Regulatory Difficulties

Nexo said it is too difficult to comply with the “inconsistent and changing positions” of regulators in the United States. 

1 year ago

Nexo’s Co-Founders Dismiss Insolvency Rumors, Reveal Expansion Plans

Nexo is facing cease and desist orders filed by 8 US states last month for offering interest-yielding accounts without registering…

2 years ago

Crypto Lender Nexo Acquires Stake in US Chartered Bank

Nexo plans to use the investment to strengthen its foothold in the US crypto market.

2 years ago

California Regulators Order Nexo to Stop Crypto Interest Accounts

Although Nexo had to officially halt the service, the watchdog claims there were loopholes.

2 years ago

Ethereum Will Not Flip Bitcoin After the Merge: Nexo Co-Founder

Antoni Trenchev argued that bitcoin will remain the supreme cryptocurrency even after Ethereum's Merge.

2 years ago

Nexo Allocates Another $50 Million To Its Token Buyback Initiative

The cryptocurrency exchange Nexo likes its token so much that it is buying $50 Million worth of it or almost…

2 years ago