Nexo Hit With Cease and Desist Orders From Eight U.S. States

Nexo Hit With Cease and Desist Orders From Eight U.S. States

Regulations
September 27, 2022 by secret
229
[ad_1] Key Takeaways Eight U.S. state regulators have issued cease and desist orders or similar charges against the crypto lender Nexo. Those regulators consider Nexo’s Earn Interest Product, which offers high returns, an unregistered security. Nexo has recognized the need to regulate crypto lenders while distinguishing itself from its competitors. Share this article Multiple U.S.