The Consumer Financial Protection Bureau (“CFPB”) recently issued an order (“Order”) denying a request by Nexo Financial LLC (“Nexo”), a cryptocurrency lender, to halt the CFPB’s investigation into ...

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, the U.S. Securities and ...

Nexo announced on Monday that it had become the latest crypto firm to return to the U.S. following what critics called a regulatory assault under the SEC’s previous leadership. In a press release, the ...

The CFPB recently denied the petition of Nexo Financial LLC to modify the CFPB’s Civil Investigative Demand (CID) issued to Nexo, rejecting Nexo’s claim that the CFPB does not have jurisdiction to ...

Digital asset firm Nexo Capital Inc. will pay $45 million in penalties to U.S. federal and state regulators over allegations that it broke securities rules by offering a crypto lending product. The ...

Five years ago, the nascent crypto lending market looked promising. Crypto lenders like Salt Lending, Celsius Network, BlockFi, Voyager Digital, Nexo and Unchained Capital were meeting a demand among ...