Nexo exited the US in 2022, citing regulatory hostility toward the crypto industry from federal and state financial regulators. Nexo is set to relaunch its digital asset services and crypto exchange platform in the US on Monday, more than three years after it left the market following battles with federal and state regulators. Now, citing improved regulatory clarity for digital assets in the US, the rebooted Nexo platform will offer flexible and fixed-term yield programs, a spot cryptocurrency exchange, crypto-backed credit lines and a loyalty program for US users, Nexo head of communications Eleonor Genova told Cointelegraph. The platform’s trading infrastructure will be provided by Bakkt, a US-based digital asset platform focused on serving institutional clients. Genova said: Read more
Roger Ver, also known as "Bitcoin Jesus," has repeatedly called the US DOJ tax evasion case against him "politically motivated." Early Bitcoin investor and advocate Roger Ver, also known as “Bitcoin Jesus,” filed a lawsuit against Spain seeking to block his extradition to the United States, where he faces a tax evasion case. The lawsuit, filed at the European Court of Human Rights, argues that the extradition violates Ver’s human rights, according to Bloomberg Law. United States Department of Justice prosecutors charged Ver with tax fraud in April 2024, alleging that he owed $48 million. Spanish law enforcement authorities arrested Ver shortly after. He posted bail in May and was allowed to leave prison. Read more