{"id":24113,"date":"2025-04-28T10:18:54","date_gmt":"2025-04-28T10:18:54","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=24113"},"modified":"2025-04-28T10:18:54","modified_gmt":"2025-04-28T10:18:54","slug":"nexo-to-return-to-u-s-after-2022-exit-citing-renewed-crypto-optimism-under-trump","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=24113","title":{"rendered":"Nexo to Return to U.S. After 2022 Exit, Citing Renewed Crypto Optimism Under Trump"},"content":{"rendered":"<div>\n<p>Crypto lender Nexo said it is reentering the U.S., marking a comeback two years after regulatory friction forced its exit.<\/p>\n<p>&#8220;America is back and so is Nexo,&#8221; Co-founder Antoni Trenchev said at a press event Sunday in Bulgaria with Donald Trump Jr., crediting what he described as a more favorable environment for innovation under the Trump presidency.<\/p>\n<p>&#8220;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,&#8221; Trenchev said, according to a press release.<\/p>\n<p>Now managing $11 billion in assets, Nexo said it will offer its full suite of services to U.S. retail and institutional clients, including high-yield savings products, asset-backed credit lines, and advanced trading solutions.<\/p>\n<p>Nexo withdrew from the U.S. in late 2022 after what it called a &#8220;dead end&#8221; in negotiations with state and federal regulators over its Earn Interest Product, as well as the market turmoil following the collapse of crypto exchange FTX and a wider crackdown on crypto lenders, <a href=\"https:\/\/www.coindesk.com\/policy\/2022\/12\/05\/nexo-to-depart-us-after-regulator-discussions-hit-dead-end\">CoinDesk reported at the time<\/a>.<\/p>\n<p>The company said in 2022 it could no longer operate in an &#8220;impossible environment&#8221; following multiple enforcement actions, including from California and New York.<\/p>\n<p><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Crypto lender Nexo said it is reentering the U.S., marking a comeback two years after regulatory friction forced its exit. &#8220;America is back and so is Nexo,&#8221; Co-founder Antoni Trenchev said at a press event Sunday in Bulgaria with Donald Trump Jr., crediting what he described as a more favorable environment for innovation under the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-24113","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/24113","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=24113"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/24113\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=24113"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=24113"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=24113"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}