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Crypto lender Nexo gets U.S. bank charter after buying stake in regulated bank

Por: CNBC Tech September 27, 2022

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The crypto market has been battered this year, with nearly $2 trillion wiped off its value since its peak.Jonathan Raa Nurphoto Getty ImagesCryptocurrency lender Nexo on Tuesday announced it has taken a stake in a federally-regulated U.S. bank, paving the way for the company to offer banking services to Americans as a licensed institution.Nexo, based in Zug, Switzerland, said it has agreed to buy an undisclosed stake in Hulett Bancorp, which... + full article



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