WebJan 19, 2024 · Cryptocurrency lender Nexo has agreed to pay $45M in regulatory penalties for failing to register the offer and sale of one of its retail crypto asset lending products, … WebJan 19, 2024 · The cryptocurrency lending firm Nexo was fined $45 million for violating federal securities law, the Securities and Exchange …
Crypto Lender Nexo Coughs Up $45M Fine to US Authorities
WebJan 20, 2024 · Published: January 20, 2024 │ 5:40 PM GMT U.S. regulators have charged crypto lender Nexo Capital with failing to register its retail crypto lending product before offering it to the public. The penalty serves as a reminder for other crypto companies to comply with securities laws and regulations. WebJan 19, 2024 · Crypto lender Nexo agrees to pay $45M in penalties to settle US SEC and state charges for failing to register the offer and sale of its Earn Interest Product — – The SEC charged Nexo for failing to register the offer and sale of its crypto asset lending product, called the Earn Interest Product. Checkout latest world news below links : central coast builders association salinas ca
Nexo issued with $45m penalty over compliance failures
WebAccording to the settlement from January, Nexo agreed to pay a total of $45 million—$22.5 million to the SEC and the same amount to other relevant jurisdictions. Nexo is also to discontinue its Earn Interest Product. Already in early December, the cryptocurrency lender revealed it will leave the US market due to regulatory pressure. WebJan 20, 2024 · The Block: Crypto lender Nexo agrees to pay $45M in penalties to settle US SEC and state charges for failing Web2 days ago · A State of Crypto Index to track the crypto market’s health. It’s based on 14 metrics like mass adoption, crypto mentions in research papers, & job search interest, and will be updated monthly. Its 2nd annual “State of Crypto” report. The Milk Man read the 60-page report so you don’t have to. Here are the highlights: buying real estate notes from banks