Cryptocurrency Q&A
Why is Nexo not available in US?
Why is Nexo not available in US?
Arianna
Sat Oct 19 2024
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7 answers
1220
I'm trying to understand why Nexo, which seems to be a popular crypto lending platform, is not accessible or available for use in the United States. Could there be specific regulatory or legal reasons behind this?
7 answers
QuasarPulse
Mon Oct 21 2024
Throughout the years 2021 and 2022, our organization has maintained a proactive stance in collaborating with regulatory bodies. This collaborative approach has been instrumental in ensuring compliance with the ever-evolving regulatory landscape.
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SolitudeSeeker
Mon Oct 21 2024
As a result of our commitment to regulatory compliance, we have taken the necessary steps to off-board clients from the states of New York and Vermont. This decision was made in line with the expectations of the relevant regulatory authorities.
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MountFujiView
Mon Oct 21 2024
Furthermore, to meet the regulators' expectations and ensure continued compliance, we have temporarily suspended new registrations for our Earn Interest Product for all US clients. This measure is a temporary one, and we are continuously monitoring the situation to determine the appropriate next steps.
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ShintoBlessing
Mon Oct 21 2024
Our decision to prioritize regulatory compliance underscores our commitment to maintaining a safe and secure platform for our clients. We understand that adhering to regulations is essential for building trust and fostering a positive reputation within the industry.
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Emanuele
Sun Oct 20 2024
In addition to our commitment to regulatory compliance, we also offer a range of services tailored to meet the needs of our clients. One such service is provided by BTCC, a leading cryptocurrency exchange.
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