Nexo is ending some of its services in the UK!!!
Crypto platform Nexo plans to phase out some of its products to UK customers due to new rules in the country, a spokesperson said.
Starting from October 8th, Nexo Exchange and Nexo Card will start removing refunds as well as transactions.
Financial Conduct Authority in the UK,
FCA rules also came into force as of yesterday, but companies will be able to apply for a three-month extension. Firms such as PayPal (PYPL) and Bybit recently said they would stop offering certain crypto services to UK customers ahead of the new rules, while Luno halted some customers' crypto investments.
