Crypto Exchanges Nexo and Gemini Expand to Italy, Register With Regulator
Entry into Italy’s registry for virtual currency operators is mandatory to operate in the country.
Nexo secures registration in Italy
Italy grants crypto lender Nexo registration to legally provide its services to Italian citizens. The post Nexo secures registration in Italy appeared first on The Block.
Nexo secures license to expand operations to Italy
Crypto lending solution, Nexo has been granted permission to operate as a virtual currency platform in Italy by the regulatory authorities in the country Nexo now live in Italy Nexo,…
Is Nexo safe? What is the crypto lender doing differently & red flags?
Several cryptocurrency lending companies have gone bust amid bad practices and exposure to bankrupt companies, with the latest being BlockFi. Late Monday, BlockFi filed for Chapter 11 bankruptcy protection in…
NEXO releases proof of reserves showing no exposure to FTX
Despite posting a proof-of-reserves with neither asset breakdown nor wallet addresses, Nexo praised its risk engine as the sole reason for no bad debts. The post NEXO releases proof of…
Following BlockFi Bankruptcy, This Company Just Revealed Its Exposure to the Firm – NEXO Next?
The crypto-friendly US-based bank Silvergate had less than $20m in exposure to the now-bankrupt US-based crypto lender BlockFi. But with yet another bankruptcy in the space, more people are now…
Nexo High-Yield Bearing Crypto Products Come Into Question As Market Deflates
Nexo has come under the radar for its high-yield-bearing crypto products when the broader market remains weak. The concerns come a month after the co-founders assured that the platform is…
Top crypto lender (NEXO) sued for blocking a $126M user fund
Three investors sue Nexo for blocking them from withdrawing their $126 million crypto holdings.
Crypto Lender Nexo Sued for Allegedly Blocking $126M Withdrawals: Report
The claimants allege that Nexo froze their accounts after they sought to remove their assets from the platform.
