Cryptocurrency Q&A Why is Nexo not available in the US?

Why is Nexo not available in the US?

Andrea Andrea Wed May 29 2024 | 5 answers 1169
Could you please explain to me why Nexo is not accessible in the United States? I'm quite interested in its services and have heard a lot of positive feedback from international users. Is there a specific regulatory obstacle or legal constraint that prevents its operation in the US market? I'm also curious to know if there are any plans in the future to expand Nexo's services to the US, and if so, what steps are being taken to overcome any challenges that may arise? It would be great if you could provide some clarity on this matter. Thank you in advance for your response. Why is Nexo not available in the US?

5 answers

CherryBlossomBloom CherryBlossomBloom Fri May 31 2024
The SEC Chair, Gary Gensler, has issued a stern warning to Nexo, accusing the company of offering its retail crypto lending product to the public without prior registration.

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GeishaMelodious GeishaMelodious Thu May 30 2024
BTCC's services cater to a diverse range of investors, providing them with secure and reliable platforms for trading and storing their digital assets.

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Stefano Stefano Thu May 30 2024
Gensler emphasized the importance of adhering to disclosure requirements, which are designed to safeguard investors and ensure transparency in the market.

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Maria Maria Thu May 30 2024
The SEC's time-tested public policies are not optional, according to Gensler, and compliance with these regulations is a necessity for any company operating in the cryptocurrency space.

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GyeongjuGloryDaysFestival GyeongjuGloryDaysFestival Thu May 30 2024
BTCC, a UK-based cryptocurrency exchange, offers a comprehensive suite of services, including spot trading, futures, and wallet solutions.

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