The Crypto Service Company, Nexo Capital, has revealed its intention to reintegrate the American market, marking a significant return two years after having regulated regulatory disputes with a fine of $ 45 million.
The announcement occurred during a high -level event in Sofia, Bulgaria on Sunday, when Donald Trump Jr. was the star lecturer, according to a Reuters report.
The conference, entitled “Trump Business Vision 2025” and hosted by Nexo, brought together leaders in finance and technology to discuss world market trends.
Nexo to return to us in the coming months
Nexo’s co-founder Antoni Trinchev confirmed that the company was preparing to return to the United States in the coming months.
He noted “constructive” discussions in progress with regulators, including the American Securities and Exchange (SEC) commission, although specific details are not disclosed.
“We see the opportunity for the financial sector and want to make sure to bring this back to the United States,” said Donald Trump Jr.
Trenchev said Trump Jr. does not directly help Nexo’s regulatory navigation, but rather promotes a broader adoption of cryptography in the United States
“He disseminates the message that Crypto is important for the United States and prepares the way,” said Trinchev.
Nexo, whose headquarters are in the Cayman islands, left the American market after the regulatory clashes on its crypto loan products, culminating in a colony of several million dollars at the beginning of 2023.
The company’s decision to return coincides with a significant change in Washington’s position to digital assets under the administration of President Trump.
Since his entry into office, President Trump has defended a more user -friendly regulatory environment for crypto, a break of prosecution against cryptographic companies and the relaxation of banking directives related to digital assets.
The Trump family itself extends its imprint in cryptographic space through World Liberty Financial, where Trump Jr. is ambassador.
Describing a “tectonic change” in American crypto policy, Trenchev stressed that real progress is underway to position America as a hub for digital finance.
The Sofia event in Nexo, which have attended figures such as the Israeli Minister of Innovation Gila Gamliel, underlined the growing alignment between the American company and the world capital.
Nexo offers a range of crypto services, including trading, loans supported by Crypto and exchange platforms, positioning themselves to capitalize on the evolving American market.
Crypto-friendly Paul Atkins sworn as a dry chair
As indicated, Paul Atkins was sworn in as the president of the dry last week, marking a change in leadership that is greeted by the digital asset industry.
Under the direction of Atkins, the SEC has already withdrawn or delayed several important cases against cryptographic companies.
The agency abandoned its prosecution against Coinbase and Cumberland DRW earlier this year, and a separate survey on the Laboratoires Uniswap closed in February without action in application.
Last week, the agency also closed its survey on Cyberkongz, an eminent NFT and game project based on Ethereum, without any application measure.
More recently, the SEC announced that it would not pursue legal proceedings against Richard Schueler, better known as Richard Heart, the founder of Hex, Pulsechain and Pulsex.
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