Nexo’s reentry into the U.S. market signals renewed confidence in the American regulatory environment for crypto innovation

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"Thanks to the vision and leadership of President Donald J. Trump, his administration, and his family, the United States is once again a place where innovation is championed, not stifled. A place where pioneers are celebrated," Trenchev said, according to a press release.

Now, under President Donald Trump’s administration, which has signaled a shift in crypto oversight and a pivot away from the enforcement action style adopted by former SEC Chair Gary Gensler, Nexo is staging a comeback. The Trump administration has signaled intentions to reduce regulatory hostility toward crypto, including withdrawing some SEC investigations.