Binance X BinanX

Start Your Crypto Journey Right!

Sign up on Binance and receive up to $1,000 in rewards after completing KYC.

Join Now
HomeDonald TrumpThe cryptographic lender Nexo announces the re -entry of us
Binance X BinanX

Start Your Crypto Journey Right!

Sign up on Binance and receive up to $1,000 in rewards after completing KYC.

Join Now

The cryptographic lender Nexo announces the re -entry of us

Nexo, the global digital asset wealth platform, has announced its return to the United States market.

The development was revealed during an exclusive commercial event with the key speeches of Donald Trump Jr., executive vice president of the Trump organization; Gila Gamliel, Minister of Innovation, Science and Technology of Israel; and Antoni Trechev, co -founder of Nexo.

Optimism and support for cryptographic innovation

According to a press release on April 28 shared with Cryptopotato, backed for $ 11 billion in assets under administration, the company’s return to the United States occurs in the midst of renewed optimism and business impulse.

The cryptographic lender offer American retail and institutional customers access their products, including high -performance crypto savings accounts, credit lines backed by assets, advanced negotiation options and institutional degree liquidity solutions.

The co -founder of Nexo, Antoni Trechev, officially confirmed the company’s relaunch in the country: “The United States has returned, and it is also a link.” He accredited the vision and leadership of President Donald J. Trump, his administration and his family for creating an environment where innovation is encouraged. “Nexo returns to America, stronger, more intelligent and determined to win,” he added.

Donald Trump Jr. talked about the importance of cryptocurrencies for the United States, emphasizing their role in the maintenance of economic leadership and the technological progress of the country.

“I think cryptography is the future of finance,” said the president’s son. “We see the opportunity for the financial sector and we want to make sure to bring it back to the United States,” he continued.

He added that establishing a regulatory support framework would be crucial to empower businessmen and guarantee the competitiveness of the nation in the digital economy, emphasizing: “The key to everything Crypto will be the regulatory framework.”

The event, headed by Donald Trump Jr. and Gila Gamliel, brought together prominent members of the global business community and the main figures of the investment and innovation sectors.

Regulatory challenges that led to the exit

The re -entry of Nexo follows a challenging period marked by its gradual retreat from the US market in December 2022. At that time, the firm cited regulatory uncertainty and conflicting orientation between state and federal authorities as the main reasons for its departure.

Despite participating in more than 18 months of discussions with regulators, the cryptographic lender fought to find a solution to their problems. The efforts to meet included customers outside the edge of New York and Vermont and suspend new records for their profit product in several states. Ultimately, inconsistent regulatory positions and prolonged investigation by the Consumer Financial Protection Office (CFPB) forced Nexus to stop their US operations.

The company’s return follows a similar OKX movement, which announced less than two weeks ago that is reopening its exchange of Cryptocurrencies of the USA and launching a new web wallet for the nation users.

Special offer (sponsored)

Free Binance $ 600 (Cryptopotato Exclusive): Use this link to record a new account and receive an exclusive welcome offer of $ 600 in Binance (Complete details).

Limited offer for Cryptopotate readers at Bybit: Use this link to register and open a free $ 500 position in any currency!

RELATED ARTICLES
Binance X BinanX

Start Your Crypto Journey Right!

Sign up on Binance and receive up to $1,000 in rewards after completing KYC.

Join Now

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisment - Image Description

Most Popular