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Bitcoin
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Ethereum
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$3,985.32 -3.21602
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BNB
BNB (BNB)
$1,161.85 -3.53842
BNB price
Solana
Solana (SOL)
$193.67 -4.14376
Solana price
XRP
XRP (XRP)
$2.41 -3.60429
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000103 -3.63541
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Pepe
Pepe (PEPE)
$0.0000072 -4.10416
Pepe price
Bonk
Bonk (BONK)
$0.0000151 -6.69466
Bonk price
dogwifhat
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$0.544044 -6.19612
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Popcat
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$0.158277 -5.87174
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Bitcoin
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$110,611.00 -2.00407
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Ethereum
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$3,985.32 -3.21602
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BNB
BNB (BNB)
$1,161.85 -3.53842
BNB price
Solana
Solana (SOL)
$193.67 -4.14376
Solana price
XRP
XRP (XRP)
$2.41 -3.60429
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000103 -3.63541
Shiba Inu price
Pepe
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$0.0000072 -4.10416
Pepe price
Bonk
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$0.0000151 -6.69466
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dogwifhat
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$0.544044 -6.19612
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Popcat
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$0.158277 -5.87174
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Bitcoin
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$110,611.00 -2.00407
Bitcoin price
Ethereum
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$3,985.32 -3.21602
Ethereum price
BNB
BNB (BNB)
$1,161.85 -3.53842
BNB price
Solana
Solana (SOL)
$193.67 -4.14376
Solana price
XRP
XRP (XRP)
$2.41 -3.60429
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000103 -3.63541
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000072 -4.10416
Pepe price
Bonk
Bonk (BONK)
$0.0000151 -6.69466
Bonk price
dogwifhat
dogwifhat (WIF)
$0.544044 -6.19612
dogwifhat price
Popcat
Popcat (POPCAT)
$0.158277 -5.87174
Popcat price

Nexo halts operations in the United States

News
Nexo halts operations in the United States

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 end. 

According to a recent blog post, the first product to be withdrawn is Earn Interest Product. It will not be available for existing clients in eight additional US states – Indiana, Kentucky, Maryland, Oklahoma, South Carolina, Wisconsin, California, and Washington.

Earlier this year Nexo off-boarded clients from New York and Vermont states.

Nexo was previously sued in London’s High Court by an investor group of three people. They claimed the platform prevented them from withdrawing $126 million in cryptocurrency.

The investors claimed their attempts to get their money out of the site were unsuccessful. They said the crypto-lending behemoth threatened to permanently block them unless they sold the million in Nexo native tokens to the company with a discount. Nexo, in its turn, called the legal claim “opportunistic,” citing that the event took place in 2020-2021, while the lawsuit was filed in 2022.

Despite the shortcomings, Nexo keeps exploring new markets. Most recently, it obtained the approval to operate in Italy. The company Nexo joined other Virtual Asset Service Providers, including Binance, Coinbase, and Crypto.com, in securing the license from Italy’s regulator.