Due to reaching a “dead end” with authorities, crypto lender Nexo stated it would progressively phase down U.S. products and services over the upcoming months, thereby signaling a departure from the United States. Today we are announcing the regrettable but necessary decision that Nexo will be phasing out its products and services in the United States due to a lack of regulatory clarity. 🧵 — Nexo (@Nexo) December 5, 2022 In a Monday release, Nexo explained the reason for its departure from the United States by claiming that despite 18 months of discussions with authorities, the U.S. refuses to create The post Crypto Lender Nexo Announces Gradual Departure from United States appeared first on Cryptoknowmics-Crypto News and Media Platform .
Why Story (IP) Is Up Today?
