How US Citizens Can Buy NEXO Tokens
When it comes to the crypto-economy, being American is one of the worst things you can be for centralized exchanges and platforms. Thank G-d for DeFi.
“Insolvency, Bankruptcy is Nowhere in Nexo’s reality”: Co-Founders
Speculations about crypto lender Nexo heading towards bankruptcy were squashed by the company’s top-ranking members in an ‘Ask-Me-Anything’ YouTube video on Tuesday.
Nexo’s Co-Founders Dismiss Insolvency Rumors, Reveal Expansion Plans
Nexo is facing cease and desist orders filed by 8 US states last month for offering interest-yielding accounts without registering them as securities.
Nexo co-founders address recent cease and desist orders from US state regulators
Nexo co-founders Antoni Trenchev and Kalin Metodiev hosted an AMA on October 4 in which they addressed recent cease and desist orders issued by several U.S state regulators. The post…
This is what Nexo executives said about solvency concerns
After days of speculation over Nexo’s financial health and solvency, the crypto lender’s executives took to YouTube to answer questions from the community during an Ask Me Anything (AMA) session.…
Insolvency not in ‘Nexo’s reality,’ says co-founder during AMA
Co-founder Kalin Metodiev stated that comparisons between Celsius, Voyager and Nexo are “very far from reality” and that the firm is focused on building in a sustainable way.
NEXO-Tagged Address Withdraws Wrapped Btc Worth $153 Million USD From MakerDAO.
The Nexo-addressed Crypto pocketbook makes a large withdrawal of wrapped Bitcoin (wBTC) of up to $153 million USD from MakerDAO. This development comes amidst a predicted drop in NEXO rates.
NEXO risks 50% drop due to regulatory pressure and investor concerns
Analysts fear NEXO price could come under pressure if regulatory action in the United States begins to intensify.
Crypto Lender Nexo Acquires Stake in US Chartered Bank
Nexo plans to use the investment to strengthen its foothold in the US crypto market.
Nexo ‘surprised’ by state regulators’ actions, says co-founder
Kalin Metodiev emphasized that Nexo has been navigating through conversations with regulators for the past couple of years to ensure compliance, and was surprised that this news was “thrown out…
