California Fines Crypto Wealth Platform Nexo $500K Over 'Unlicensed' Loans

California regulators have imposed a $500,000 fine on crypto wealth platform Nexo for offering unlicensed loan services. This marks the second time in three years that Nexo has faced regulatory action in the state, highlighting ongoing scrutiny of the cryptocurrency lending sector.

Read the full story at Decrypt →

---

Source: Decrypt · Report an issue