Crypto Lending Platform Nexo Returns to US Market on ‘Renewed Optimism and Entrepreneurial Momentum’
Crypto Lender Nexo said it planned to reopen operations in the United States as the country has become a greater welcome to digital assets.
In a new thread on the social media platform X, Nexo Says This will continue services for American customers after closing them about two years ago when US regulators are running.
“Nexo returned to the US market. We embraced the business -changing and momentum of the businessman to deliver our entire product to American clients in a support of the environment.”
No official date is provided.
Announcement will come after the company has stopped operation and Payment A $ 45 million fine in 2023 to the US Securities and Exchange Commission (SEC) after the Earter Interest Product (EIP) was accused of running an unregistered lending product.
Reuters Report Nexo released the plan while playing the eldest son of US President Donald Trump at a Crypto conference in Bulgaria during an event led by “Trump Business Vision 2025.”
Nexo co-founder Antoni Trenchev tells the Crypto firm's news outlet to return to the US “in the coming months” and developing “constructive” conversations with the SEC and other US regulators.
Trenchev said Trump Jr. does not help the company return to the US but “spreads a message that crypto is important to the United States and sets the stage.”
President Trump's administration has taken many steps to embrace digital assets, along with the signing of an executive order to create a strategic bitcoin (BTC) and crypto reserve.
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