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 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.

Dog-themed memecoin Shiba Inu (SHIB) has finally gone live on Nexo after several weeks of hinting at the listing. Nexo Applauds Shiba Inu (SHIB) Evolution Nexo reiterated the news of the SHIB listing on X on Tuesday, acknowledging the outstanding evolution of the cryptocurrency over the years.

Crypto exchanges remain under the spotlight following high-profile scandals, yet Nexo continues leading the way to improve public perception.

Shiba Inu price prediction: SHIB, a popular meme coin, has recently seen a significant uptick in market performance, showcasing a robust surge rally over the past 24 hours. The meme-based Shiba Inu Coin price breached the resistance level of $0.000028, signifying a strong bullish trend amid market volatility.

The announcement of Shiba Inu's listing on Nexo has sent ripples of excitement throughout the crypto community, with enthusiasts eagerly anticipating the potential impact on SHIB adoption and market dynamics. With this latest listing, SHIB holders gain seamless access to a plethora of functionalities on the Nexo platform, including buying, swapping, borrowing, and transferring SHIB tokens.

The Shiba Inu (SHIB) ecosystem is in a celebration mood as the token gets listed on the top crypto trading platform Nexo. Shiba Inu and its Numerous Listings Following this listing, SHIB holders can now buy, swap, borrow, and even transfer SHIB on Nexo.

Nexo, a leading digital asset platform, has joined forces with over 35 prominent crypto entities in a bid to secure a much-deserved Bitcoin (BTC) emoji, according to the information shared with Finbold on April 2.

Nexo, along with over 35 prominent cryptocurrency organizations, representing a combined community of more than 170 million members worldwide, has united forces to advocate for the inclusion of a Bitcoin emoji.

With numerous tokens being launched on its platform, today's blog will delve into the top Cardano-based tokens, excluding ADA.

Nexo, a digital asset trading platform, announced the addition of seamless peer-to-peer (P2P) transfer features allowing users to make free and instant cryptocurrency transfers via email or mobile.

Nexo Card's holiday spending hits $50M, earning the FinTech Breakthrough Award for payment innovation.

Nexo, an “all-in-one” digital assets platform, unveiled its Nexo Card Holiday Spending Report 2023/2024, receiving the esteemed “Consumer Payments Innovation Award” in the 8th annual FinTech Breakthrough Awards, as per the information shared with Finbold on March 14.

Dimitar Bratovanov spoke with CryptoPotato about the challenges Nexo faced amid the crypto lenders' crisis in 2022 and how the firm is preparing for the current bull market.

Nexo, a digital assets institution, announced that its Dubai entity, Nexo Services FZE, has been awarded an Initial Approval [IA] by Dubai's Virtual Assets Regulatory Authority (VARA) for Virtual Asset Lending & Borrowing, Management & Investment, and Broker-Dealer activities.

Nexo, a digital assets institution and leading crypto lending platform, has reached a significant milestone, gaining preliminary approval from Dubai's Virtual Assets Regulatory Authority.

This is the first phase that will allow us to offer a wide range of virtual asset services.

On Tuesday, Nexo announced its Dubai entity, Nexo DWTC, had secured preliminary approval from Dubai's Virtual Assets Regulatory Authority (VARA) to engage in virtual asset lending, borrowing, and broker-dealer activities within the UAE's most populous city.

The company must now navigate through the subsequent phases — obtaining a preparatory license followed by the final operating license — to fully offer its crypto services to regional clients.

Nexo's Dubai entity gains initial approval from VARA, marking a significant step in expanding its virtual asset services in the UAE.

Nexo, a leading digital assets institution, has achieved a significant milestone in its expansion strategy, securing Initial Approval from Dubai's Virtual Assets Regulatory Authority (VARA) for its Dubai entity, Nexo DWTC.

Nexo, a digital asset service provider, has successfully obtained initial approval from the Virtual Assets Regulatory Authority (VARA) in Dubai. This marks a significant milestone for Nexo's regional entity, Nexo DTC, in its quest to secure full licensing for various activities, including Lending & Borrowing, Management & Investment, and Broker-Dealer operations.

Nexo gets initial approval for licensed operations in Dubai's virtual asset market.

Nexo, a company offering digital asset services, has won initial approval as a licenced entity in Dubai from the region's Virtual Assets Regulatory Authority (VARA), it announced Tuesday.

Nexo, the institution for digital assets, announced a partnership with Sift, the firm focused on Digital Trust & Safety.

Nexo is partnering with a leading digital safety company, Sift, to promote user safety and create better experiences for users. Nexo, which is a leader in the digital asset industry, is planning to transform its approach to preventing fraud and improving security measures.