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Learning & News => News related to Crypto => Topic started by: newshunter on September 30, 2022, 07:00:49 AM

Title: Nexo ‘surprised’ by state regulators’ actions, says co-founder
Post by: newshunter on September 30, 2022, 07:00:49 AM

Nexo ‘surprised’ by state regulators’ actions, says co-founder

Kalin Metodiev emphasized that Nexo has been navigating through conversations with regulators for the past couple of years to ensure compliance, and was surprised that this news was “thrown out there in public.”

Source: Nexo ‘surprised’ by state regulators’ actions, says co-founder (https://cointelegraph.com/news/nexo-surprised-by-state-regulators-actions-says-co-founder)

Would appreciate your opinion about this

Title: Re: Nexo ‘surprised’ by state regulators’ actions, says co-founder
Post by: mohdelayo on September 30, 2022, 04:39:41 PM

That is quite surprising I must say. Imagine NEXO of all people in cryptospace getting regulatory sanctions, its unthinkable. In Africa, I have seen top government officials talks about NEXO and how their services is a stands out from what traditional banking institution do.