Nexo has been fined $500,000 by California regulators for issuing thousands of unlicensed crypto-backed loans, adding to a ...

Crypto lending platform Nexo faces a half-million-dollar penalty from California regulators for making thousands of loans ...

The Californian regulators imposed a fine of 500 thousand dollars on Nexo Capital, which offered loans backed by crypto ...

Dubbed the CRYPTO Act, the proposal from Bragg and State Senator Zellnor Myrie would introduce escalating penalties for firms ...

The crypto lender issued over 5,000 loans to residents without a license and failed to assess repayment ability, the DFPI ...

Nexo faces fresh headwinds as California regulators take action against the digital assets platform for the second time in ...