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Cryptocurrency lending platform Nexo is seeking damages worth $3 billion from the Bulgarian government after the latter dropped its criminal investigations against the company. According to Nexo, the investigations allegedly…
The prosecutor’s office of Bulgaria has dropped all charges against crypto lending giant Nexo after the company’s regional offices were raised by government authorities earlier this year. In a private…
The card is only available to citizens of the 30-country European Economic Area.
Leading cryptocurrency platform, Nexo, has partnered with payment processing giant Mastercard to launch a first-of-its-kind Dual Mode crypto card to enable users to seamlessly handle credit and debit transactions. According…
Ripple’s XRP has been making headlines for many months now, with the excitement mostly circling around the case against the United States Securities and Exchange Commission. Earlier in July, Judge…
The shutdown of Nexo’s earn product follows from a multi-million dollar settlement the firm paid last month with U.S. regulators.
The company claims that the negotiations with potential crisis managers entered the “advanced stage.”
The crypto lender claimed that the Cayman Islands Monetary Authority had placed “too much weight” on regulators' enforcement actions in its decision to deny registration.
While the FTX saga continues to make headlines, last week brought a plethora of new troubles for crypto companies in the United States, Europe and Asia.
A spokesperson for Bulgaria’s chief prosecutors denied claims that the investigation was prompted by the company's political donations.