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Nexo announced its return to the United States market at a special business event

Nexo previously exited the U.S. market in late 2022 after regulatory friction and multiple enforcement actions by federal and state authorities

Nexo's comeback was announced at a special business event in Sofia, Bulgaria, that included keynote addresses by Donald Trump Jr., Executive Vice President of The Trump Organization; Gila Gamliel, Israel’s Minister of Innovation, Science, and Technology; and Antoni Trenchev, Co-Founder of Nexo

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

U.S. investigations by the SEC, CFPB, and several state regulators culminated in a $45 million settlement with Nexo in January 2023, resolving allegations that the company failed to register its Earn Interest Product as a securities offering

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