Fri, November 22

Search Results for: NEXO

Nexo Rebrands as the First Comprehensive Digital Assets Wealth Platform, Ushering in a New Era

Leading digital assets institution Nexo today announced a significant rebranding and platform makeover, completing its transformation from a pioneer in crypto lending to the first all-inclusive and compliant digital assets wealth platform. This move, which was made public on Bitcoin Whitepaper Day, is a reflection of Nexo’s expansion and overarching strategic goal

November 1, 2024 5 mins read

Nexo Resumes UK Client Registrations After FCA Compliance Upgrade

Following a recent upgrade to meet the Financial Conduct Authority (FCA) compliance guidelines, Nexo a centralized crypto lender resumes UK client registrations on Tuesday. This is done after a ten-month pause in the onboarding process. Nexo suspended new user registrations in the UK in December 2023 due to changes in

September 3, 2024 2 mins read

Nexo Launches $12M Token Hunt Promotional Campaign to Celebrate 6th Anniversary

In celebration of its sixth anniversary, Nexo, one of the biggest cryptocurrency ecosystems, has launched a promotional campaign. Both new and current Nexo users may benefit from the token hunt, by delving into the many Nexo ecosystem components. As a whole, the team allocated ten million NEXO tokens—about $12 million—to the event’s

May 8, 2024 2 mins read

Nexo Secures Initial Approval for Digital Asset Services Expansion in Dubai

The Virtual Assets Regulatory Authority (VARA) in Dubai has granted initial approval to Nexo, a digital asset service provider. Nexo DTC, Nexo’s regional organization, has reached a major milestone in its pursuit of complete licensure for a number of activities, including Broker-Dealer operations, Lending & Borrowing, and Management & Investment.

March 6, 2024 2 mins read

Nexo Joins INATBA to Boost Global Blockchain Developments

The premier institution for digital assets, Nexo, announced that it has joined the International Association for Trusted Blockchain Applications (INATBA). With the help of INATBA’s well-established connections with important public sectors in finance and regulation, Nexo’s commitment to reshaping the blockchain landscape has advanced significantly with this strategic cooperation. Through this

February 1, 2024 2 mins read

Nexo Sues Bulgaria for Over $3 Billion

ZUG, Switzerland–(BUSINESS WIRE)–$NEXO—Nexo AG and its subsidiaries have filed an over $3 billion ICSID arbitration claim against the Republic of Bulgaria for damages and lost opportunities caused by the country’s wrongful and politically motivated actions against the company and its executives, involving unjustified and oppressive criminal investigations, subsequently dismissed for

January 24, 2024 4 mins read

Nexo and Koinly Collaborate for Effortless Crypto Tax Reporting

The premier digital assets institution, Nexo, has announced its strategic merger with Koinly, an innovative crypto tax software solution, as a critical step toward meeting the growing need for reliable crypto tax reporting solutions. The partnership was created in direct response to the industry’s demand for more efficient, smooth financial statement production

November 30, 2023 3 mins read

Nexo Launches Innovative Gateway for Streamlined Futures Trading

Nexo has introduced simplified Futures trading on the Nexo Exchange, tailored specifically for crypto enthusiasts who are new to derivatives. The goal of the new product is to make the world of Futures accessible and informative for people who have until now only interacted with the spot market. In order to ensure

November 14, 2023 2 mins read