Nexo’s Return to US Market Signals Regulatory Thaw for Crypto Lending
Crypto lender Nexo is making a strategic return to the US market, marking a significant development for the battered digital asset lending sector. The announcement came during an exclusive event featuring Donald Trump Jr., suggesting growing political support for cryptocurrency adoption.
The firm will offer its full product suite to both retail and institutional clients, including high-yield savings accounts and institutional-grade liquidity solutions. This move reverses Nexo’s December 2022 decision to exit the US market amid regulatory uncertainty.
"The key to everything crypto is going to be the regulatory framework," Trump Jr. noted in a press release, highlighting the administration’s focus on creating clearer guidelines for digital assets.