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MultiversX (EGLD), NEAR Protocol (NEAR) and Nexo (NEXO) are among altcoins that have slipped into red as the global crypto market declines 2.4% in the past 24 hours. Meanwhile, the crypto market is eyeing broader investor reaction to upcoming US inflation data and other potential catalysts.
Nexo, a crypto lending platform known for offering instant crypto-backed loans and high-yield interest accounts, has resumed new user registrations in the United Kingdom after a 10-month hiatus, implementing enhanced user protections to comply with the Financial Conduct Authority (FCA) guidelines.
Nexo resumes UK operations following a ten-month suspension, enhanced by FCA-compliant upgrades. The UK's shifting political landscape and stricter crypto regulations have led several firms to adapt to the market.
Nexo, a leading digital asset service provider, has resumed accepting new client registrations in the United Kingdom starting September 3, 2024, after a 10-month pause in the onboarding process. The move comes after Nexo implemented platform upgrades to comply with the FCA guidelines.
The platform stopped onboarding new clients last year, days before the regulator's new financial promotions rules became effective. It has now introduced the mandatory Investor Categorisation questionnaire and Appropriateness Assessment questionnaire for all users.
Changes include cool-off periods, specialized risk warnings and dedicated support to help UK clients navigate the FCA's guidelines.
Nexo's FCA compliance and UK client onboarding resumption highlight the increasing regulatory scrutiny and adaptation in the crypto industry. The post Nexo resumes onboarding of UK clients with full FCA compliance appeared first on Crypto Briefing.
Nexo, a prominent digital asset institution, has restarted UK client onboarding after a comprehensive overhaul of its platform to meet the rigorous standards set by the Financial Conduct Authority (FCA), the company revealed to Finbold on Tuesday, September 3.
Nexo, a leading institution in digital asset management, has announced its continued commitment to data security after successfully renewing its SOC Type II audit.
In a promising development for the cryptocurrency sector, Ferrari's announcement to introduce crypto payment options for its European customers is generating significant buzz. Starting end of July, Ferrari will accept cryptocurrency payments for its luxury sports cars, following a similar initiative in the US for merchandise.
After May's backlash over sudden bank fee hikes, Nexo compromises by offering Platinum users free monthly fiat withdrawals.
Nexo, the institution for digital assets, is announcing the integration of The Tie‘s advanced real-time analytics, providing an edge to traders.
Nexo (NEXO), a leading institution for digital assets, has announced the integration of The Tie's advanced real-time analytics, as per the info shared with Finbold on May 28.
Retail investors can now enhance their trading strategies with institutional-grade trading analytics via The Tie integrated straight into Nexo platform.
Nexo, a leading institution for digital assets, has announced the integration of The Tie's advanced real-time analytics into its platform. This move aims to democratize access to institutional-grade trading data, providing retail investors with powerful tools to enhance their trading strategies.
Nexo announced an integration with The Tie to enhance its platform with real-time analytics for its users.
The cryptocurrency exchange landscape is a battlefield of trust. With centralized platforms still reeling from high-profile scandals like FTX and Celsius, any misstep can send user loyalty plummeting.
Nexo stokes customer outrage by raising bank processing fees, putting its user loyalty to the test in the cutthroat crypto exchange battlefield.
It is an unusual airdrop that requires collecting points on the platform.
Nexo, a leading cryptocurrency and financial services provider, has unveiled its largest reward campaign to date—a $12 million Token Airdrop—to commemorate its sixth anniversary.
On its sixth birthday, Nexo has introduced a thrilling $12 million NEXO Token hunt, designed to engage and reward both new and existing users within its ecosystem.
Nexo's token airdrop campaign will give users access to a pool with 10 million NEXO tokens by engaging with their digital asset products. The post Nexo announces $12 million token airdrop for platform users appeared first on Crypto Briefing.
The rewards will be active until July 7 and will incentivize users to trade, earn, deposit, and borrow on the platform.
Shiba Inu (CRYPTO: SHIB) has experienced a surge in large transaction volume and new accounts following a network upgrade that has made Shibarium even faster. What Happened: Digital asset lender Nexo announced the listing of Shiba Inu on its platform, highlighting the coin's transition from a playful meme to a symbol of community empowerment.
