Nexo to Depart US After Regulator Discussions Hit ‘Dead End’

Nexo, Crypto Lender on Prowl for Ailing Rivals, Faces Declining Deposits

Nexo had already off-boarded Earn clients in New York and Vermont at those states’ regulators’ insistence, a blog post said. It will now suspend access in Indiana, Kentucky, Maryland, Oklahoma, South Carolina, Wisconsin, California and Washington. Residents of these states can continue using Nexo’s other services.

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