Crypto lender Nexo says it’s planning to reopen operations in the United States as the country has become more welcoming of digital assets.
In a new thread on the social media platform X, Nexo says it will resume services for American customers after shutting them down about two years ago when running afoul of US regulators.
“Nexo returns to the US market. We are embracing renewed optimism and entrepreneurial momentum to deliver our full products to American clients in a supportive environment.”
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No official date was given.
The announcement comes after the company ceased operations and paid a $45 million fine in 2023 to the U.S. Securities and Exchange Commission (SEC) after being accused of running an unregistered crypto asset lending product, the Earn
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