California, New York Join 6 States Ordering Nexo to Halt Yield Product

Name: California, New York Join 6 States Ordering Nexo to Halt Yield Product
Uploaded: 2022-09-27T14:42:56Z
Duration: 2 min 138 s
Description: California, New York and six other states are suing cryptocurrency lending platform Nexo for allegedly offering unregistered securities in the form of accounts that pay interest for cryptocurrency deposits, the states said in statements on Monday. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De breaks down the developments.

Sep 27, 2022

California, New York and six other states are suing cryptocurrency lending platform Nexo for allegedly offering unregistered securities in the form of accounts that pay interest for cryptocurrency deposits, the states said in statements on Monday.

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