Crypto.news weekly recap: global regulators stepping up their efforts, Genesis Global is bankrupt
Last week saw a notable increase in crypto-focused global regulatory efforts and a corresponding uptick in government interest across the board. The Gemini and DCG case saw some updates, with…
Former SEC Chief Lashes Out On Nexo’s $45 Mn Deal With SEC
In response to charges that the digital asset company, Nexo Capital Inc., had violated securities regulations by marketing a cryptocurrency lending product, the firm has agreed to pay a penalty…
Today in Crypto: Digital Assets Subcommittee in the US, Iran’s and Russia’s Gold-Backed Stablecoin, UK Sentences Four to 15 Years in Prison
Source: AdobeStock / Andrea Izzotti Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________ Politics news US…
Nexo hit by Withdrawals Tsunami After Bulgaria Raid Office to Investigate Alleged Money Laundering
Antoni Trenchev (on left) and Kalin Metodiev. Source: A video screenshot, Youtube/Nexo The major crypto lender Nexo has been hit by a tsunami of customer withdrawals after the company’s office…
Today in Crypto: Nexo’s Bulgarian Offices Raided, Samsung to List Bitcoin Futures Active ETF in Hong Kong, Trezor Saw a 300% Spike in Sales
Source: AdobeStock / zz3701 Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________ Legal news Crypto lender…
Nexo Defends Itself Against Cease and Desist Allegations
The information on or accessed through this website is obtained from independent sources we believe to be accurate and reliable, but Decentral Media, Inc. makes no representation or warranty as…
California Regulators Order Nexo to Stop Crypto Interest Accounts
Cryptocurrency lender Nexo has come under fire from California regulators and seven other US state securities watchdogs for its unregistered crypto interest account program, which the authorities classified as securities….
U.S. States Take Legal Actions Against Crypto Lender Nexo for Alleged Unlawful Operations
Several U.S. states, including California, New York, and South Carolina, could take legal action against Nexo, a cryptocurrency lender platform. California DFPI issues a Desist The state of California, through…
Nexo Hit With Cease and Desist Orders From Eight U.S. States
The information on or accessed through this website is obtained from independent sources we believe to be accurate and reliable, but Decentral Media, Inc. makes no representation or warranty as…