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Tag: Nexo

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California Regulator Fines Nexo $500,000 Over Unlicensed, High-Risk Crypto Loans
Crypto lending firm Nexo has agreed to pay a $500,000 penalty to California regulators following allegations that it issued thousands of…Continue reading on The Capital » Read full article
3h ago
Medium.com
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California Regulator Fines Nexo $500,000 Over Unlicensed, High-Risk Crypto Loans
Crypto lending firm Nexo has agreed to pay a $500,000 penalty to California regulators following allegations that it issued thousands of…Continue reading on The Capital » Read full article
3h ago
Medium.com
0
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Nexo Named Official Digital Asset Partner of Audi Revolut F1 Team
Crypto wealth platform Nexo signs a multi‑year partnership as the inaugural official digital asset partner of Audi Revolut F1 Team. Nexo becomes the Audi Revolut F1 Team’s inaugural official digital asset partner in a multi‑year agreement announced in Hinwil on… Read full article
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Nexo Slapped with $500K Fine for Risky Crypto Loans
 The Californian regulators imposed a fine of 500 thousand dollars on Nexo Capital, which offered loans backed by crypto without a clear evaluation of the borrowers. The company will be required to transfer the funds to a licensed affiliate.
The… Read full article
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Nexo to pay $500K fine to California regulator over ‘risky loans’
California’s finance watchdog claims Nexo made nearly 5,500 loans to Californians without a valid license and did not properly assess their ability to repay. Read full article
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