NEXO TO REENTER US MARKET AFTER TWO-YEAR REGULATORY EXIT AND $45 MILLION SETTLEMENT

Summary from the TLDR Crypto newsletter

Nexo is reentering the U.S. market nearly two years after exiting due to regulatory scrutiny, having paid a $45M settlement without admitting wrongdoing. Announced at a private event attended by Donald Trump Jr., Nexo's return aligns with the Trump administration's more crypto-friendly regulatory stance and includes plans to relaunch savings accounts, asset-backed loans, and other core services.