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news-imageSeptember 27, 2022

California issues cease, refrain order to Nexo over offering clients an Earn Interest Product

Nexo revealed that it stopped onboarding new United States clients to its Earn Interest Product in February 2022 after financial regulators in eight states initiated legal actions against it. The post California issues cease, refrain order to Nexo over offering clients an Earn Interest Product appeared first on CryptoSlate.
Publisher: CryptoSlate
Sentiment: Neutral
NEXO

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cover-imageInvezz
March 8, 2025

LATAM crypto update: Colombia plans crypto regulations, Nexo and Sphere to reduce cross-border payment times

LATAM's cryptocurrency landscape continues to grow. This week, a key development was Colombia's new initiative to regulate crypto activities in response to increasing risks and challenges. Meanwhile, Nexo and Sphere partnered to significantly reduce cross-border payment settlement times in Latin America, cutting them from days to just hours.

Positive
cover-imageCrypto Economy
December 23, 2024

Nexo's ETF Proposal Blends Bitcoin Growth with Carbon Sustainability

TL;DR Nexo, in collaboration with 7RCC Global, has proposed the world's first ESG-focused Bitcoin ETF, blending Bitcoin's growth potential with environmentally sustainable investment practices. The Nexo 7RCC ETF will allocate 80% of its portfolio to Bitcoin and 20% to Carbon Credit Futures, ensuring adaptability to regulatory changes while fostering sustainable investment practices.

Positive
cover-imageInvezz
December 23, 2024

Nexo introduces AI-driven news digest to enhance user decision-making

Nexo, a leading digital asset platform, has announced the launch of its AI-powered daily news feed, aiming to revolutionize how users stay informed about the cryptocurrency market. This latest innovation underscores Nexo's ongoing efforts to integrate advanced artificial intelligence (AI) into its services, offering users enhanced tools for wealth management and risk assessment.

Positive
cover-imageBitcoin
September 5, 2024

Nexo Reopens UK Registrations With Enhanced User Protections

Nexo, a crypto lending platform known for offering instant crypto-backed loans and high-yield interest accounts, has resumed new user registrations in the United Kingdom after a 10-month hiatus, implementing enhanced user protections to comply with the Financial Conduct Authority (FCA) guidelines.

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