California regulators fined cryptocurrency platform Nexo Capital $500,000 for issuing thousands of loans in the state without a license. The California Department of Financial Protection and ...
Nexo has been fined $500,000 by California regulators for issuing thousands of unlicensed crypto-backed loans, adding to a growing list of enforcement actions that have followed the company’s ...
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. Crypto lending company Nexo Capital will ...
Cryptocurrencies are now a 3 trillion dollar economy and an established asset class that has proved to be a wealth multiplier ...
On January 14, 2026, the California Department of Financial Protection and Innovation announced an enforcement action and $500,000 penalty ...
Nexo, the global digital assets wealth platform, has announced its return to the United States after recognizing a more favorable regulatory environment under the Trump Administration. Nexo Co-Founder ...
California regulators have fined digital assets platform Nexo $500,000 for issuing thousands of "unlicensed" loans to at least 5,456 state residents, adding another enforcement action to the firm’s ...