Nexo announced a set of policy changes for US customers, a move that comes as the Securities and Exchange Commission scrutinizes products and services in the crypto lending sector.
, the policy changes affect both existing accounts as well as new ones, with the firm saying it"voluntarily implemented changes to its Earn Interest Product in the U.S. to comply with newly-announced guidance."
"Top-ups to your Nexo Wallets made after today will not earn interest until the restructuring of the Earn Interest Product and the registration process with the relevant regulatory bodies are complete, as per the recently received guidance. Once complete, all new accounts will be transferred to the Earn Interest Product 2.0 and the new top-ups will earn interest.
"The current changes only affect Nexo’s Earn Interest Product in the U.S. and have no impact on any other Nexo products," the statement continued."Non-U.S. clients are are not subject to the SEC’s guidance and remain unaffected by any of these changes."
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
US Agencies Seized Around $30M of Crypto Related to NetWalker Ransomware Last YearU.S. law-enforcement agencies seized almost $30 million of crypto related to NetWalker ransomware last year. By JamieCrawleyCD
Lire la suite »
US Defense Secretary: US sees Russian forces inching closer to Ukraine, stocking up on bloodThe US Defense Secretary Lloyd Austin on Thursday said that the US is seeing some Russian forces inching closer to the Ukrainian border and stocking u
Lire la suite »
US State Wants to Lead in Crypto Acceptance — Colorado to Accept Crypto for Tax Payments This Summer – Regulation Bitcoin NewsAccepting crypto will be “just like accepting a credit card but with a much lower transaction cost than a credit card,” said the governor. cryptocurrency bitcoin $BTC
Lire la suite »
California first state in U.S. to outline COVID endemic phase plan'We are moving past the crisis phase into a phase where we will work to live with this virus,' Gov. Gavin Newsom said.
Lire la suite »
Nearly half of US bald eagles suffer lead poisoningAmerica’s national bird is more beleaguered than previously believed, with nearly half of bald eagles tested across the U.S. showing signs of chronic lead exposure, according to a study published Thursday.
Lire la suite »
Oscar De La Renta Is Ready for Us to Dress Up AgainDesigners Fernando Garcia and Laura Kim showed party clothes with a soundtrack of Britney Spears.
Lire la suite »