$1.24
1H
-0.13%$0.0016
24H
-2.50%$0.0318
7D
2.93%$0.0353
30D
-9.75%$0.1340
The NEXO cryptocurrency is a digital token of the credit platform of the same name. With NEXO, each member of the platform will be able to get a loan at a minimum interest rate, and other part of the users will be able to provide a loan. The risk of losing money is reduced to zero.
Nexo’s futures markets aren’t targeted at high-leverage traders of existing perps exchanges. Rather, they’re designed for Nexo’s existing customer base, as well as users of other exchanges who’ve yet to experiment with leveraged products.
The nonprofit has also received donations from digital assets firm Nexo.
In addition to paying fines, Nexo will reportedly cease its unregistered lending product to all US investors.
Nexo filed the lawsuit against the CIMA shortly after the Bulgarian police raided its office in Sofia.
Prosecutor General spokesperson for Bulgarian police denied any political agenda behind the recent raids on Nexo’s office in Bulgaria.