CoinGape
2022-02-19 12:50:06

After BlockFi Episode, Crypto Lender Nexo To Halt Interest on New Deposits

As per the latest report, crypto lender Nexo is now planning to halt interest offerings on new deposits on the platform. The high interest-yield crypto products have recently attracted the attention of regulatory agencies, especially the U.S. SEC. Earlier this month, the SEC slapped a $100 million to crypto lender BlockFi on accusations of offering The post After BlockFi Episode, Crypto Lender Nexo To Halt Interest on New Deposits appeared first on CoinGape.

Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.