Topic: Nexo
SEC fines Nexo US$22.5 million
The US Securities and Exchange Commission has charged Nexo Capital Inc. with failing to register the offer and sale of its retail crypto asset lending product, the Earn Interest Product (EIP).
Crypto lender Nexo takes Cayman regulator to court over licence rejection
Nexo Capital Inc is appealing the rejection by the Cayman Islands Monetary Authority of the crypto lender’s application for a virtual asset service provider licence.
Eight US states order crypto lender Nexo to halt yield products
California and New York have joined six other US state securities regulators by bringing actions against Nexo Group over the crypto lender’s interest-bearing cryptocurrency accounts.
