Crypto platform resumes UK registrations after 10-month FCA compliance pause

The crypto lending platform took the 10-month pause to realign its onboarding process with the FCA's guidelines oriented towards investor protection.

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Nexo is resuming new user registrations in the United Kingdom after a 10-month pause in the onboarding process.

The crypto lending platform implemented multiple key updates in response to the regulatory guidelines set by the UK’s Financial Conduct Authority (FCA), according to an announcement shared with Cointelegraph.

Nexo’s new onboarding flow is more aligned with the FCA’s guidelines, primarily aimed toward improving investor protection via risk awareness, according to a Nexo spokesperson.

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