Is Nexo regulated?

I'm curious to know about the regulatory status of Nexo. Could you please clarify if Nexo is subject to any regulatory oversight? If so, which authorities are responsible for regulating its operations? Also, how does this regulation impact the safety and security of Nexo's services for its users? I'm particularly interested in understanding the measures Nexo takes to comply with regulatory requirements and ensure the protection of its customers' funds. Could you elaborate on this?