Nexo to reenter US market after two-year regulatory exit and $45 million settlement
Nexo is reentering the U.S. market nearly two years after exiting due to regulatory scrutiny, having paid a $45M settlement without admitting wrongdoing. Announced at a private event attended by Donald Trump Jr., Nexo's return aligns with the Trump administration's more crypto-friendly regulatory stance and includes plans to relaunch savings accounts, asset-backed loans, and other core services.