Is Nexo available in the United States?
Nexo serves clients in the United States again after relaunching on 16 February 2026, about three years after it exited the US market in 2022. The US offering runs through a partnership with the regulated platform Bakkt and covers products such as a crypto backed credit line, an Exchange, and yield features, while some offerings differ from other regions.
Information, not advice. This is general information, not legal, tax, or financial advice. Verify the current rules with a qualified local professional and the official regulator before acting.
How we checked this. We set this status by reading the platform's own terms of use and country eligibility, and the public register kept by the named regulator, then dated the result. Availability can change, so confirm directly with the platform and the regulator before acting. As of 26 June 2026.
Yes, with limits. As of 26 June 2026, Nexo serves clients in the United States again after relaunching on 16 February 2026, about three years after it exited the US market in 2022. The US offering runs through a partnership with the regulated platform Bakkt and covers products such as a crypto backed credit line, an Exchange, and yield features, while some offerings differ from other regions and can roll out by state. Confirm the current product scope on the Nexo platform before acting.
Availability for the United States residents
As of 26 June 2026, Nexo is available to clients in the United States following a relaunch on 16 February 2026. Nexo had announced a gradual withdrawal from the United States in December 2022 amid actions by the Securities and Exchange Commission (SEC) and state regulators, and in 2023 it reached a settlement of 45 million dollars with the Securities and Exchange Commission and state authorities. Its return was structured to operate within the United States regulatory framework.
The United States offering runs through a partnership with Bakkt, a regulated digital asset infrastructure provider, which supports compliance and custody for Nexo's US facing products. Reporting around the relaunch indicated the offering covers yield products, an Exchange, and crypto backed credit lines for retail and institutional clients, with availability rolling out over time. Some products differ from other regions, reporting noted that parts of the Earn product were not initially available to US clients, and the Nexo Card has historically not been offered in the United States.
Because availability can vary by state and roll out in stages, treat the exact set of products offered to you as something to confirm on the Nexo platform. Holding, buying, and selling crypto is legal in the United States, subject to federal and state rules, and the open question on this page is the scope of Nexo's United States offering rather than whether owning crypto is allowed. The status here is stated as of 26 June 2026.
Access, KYC, and products
Nexo is a custodial platform, which means it holds the assets in your account on your behalf rather than giving you the private keys. In the United States, the offering is delivered with Bakkt providing compliance and custody infrastructure. Users open an account through the Nexo app or website and complete identity verification, known as know your customer or KYC, using a government issued identity document.
The products described around the United States relaunch include a crypto backed credit line, which lets a user borrow against crypto held as collateral without selling it, an Exchange for swapping one asset for another, and yield features, with offerings aimed at both retail and institutional clients. Some features available in other regions, such as parts of the Earn product and the Nexo Card, have not been offered to United States clients in the same way.
Because availability of specific features can vary by state and change as the relaunch rolls out, confirm what is offered to you on the platform itself before funding an account. This page describes general availability and does not recommend any product.
How crypto is taxed in the United States
Crypto is taxable in the United States, administered by the Internal Revenue Service (IRS), which treats crypto as property. In general terms, selling, exchanging, or spending crypto is a taxable event that can create a capital gain or loss, while crypto received as income, such as certain rewards, is generally taxed as ordinary income (as of 26 June 2026).
The rate on a gain generally depends on how long the asset was held and on your income, and state taxes can apply in addition to federal tax, so confirm the current treatment with the Internal Revenue Service or a qualified adviser. See the United States crypto tax page for a fuller explanation. This is general information, not tax advice.
Several major platforms serve clients in the United States. Availability and products vary by state, so compare the exchanges that are genuinely available in the United States before you choose.
Every availability status here is dated and checked against the named regulator's public register. We never place a link to a platform where it is not available.
Regulator and sources
The United States has federal oversight from the Securities and Exchange Commission (SEC) alongside state regulators, and crypto tax is administered by the Internal Revenue Service. The position below is stated as of 26 June 2026 and should be confirmed on the primary sources.
- Securities and Exchange Commission (SEC), filings and the 2023 settlement reached with Nexo, alongside state regulators.
- Nexo announcements on its withdrawal from the United States in 2022 and its relaunch in the United States in 2026.
- Nexo Help Center, the page on the jurisdictions in which its products are available.
- Internal Revenue Service (IRS), guidance on the tax treatment of digital assets in the United States.
Frequently asked questions
Is Nexo available in the United States?
Yes, with limits. As of 26 June 2026, Nexo serves clients in the United States again after relaunching on 16 February 2026. The offering runs through a partnership with Bakkt and covers products such as a crypto backed credit line, an Exchange, and yield features. Confirm the current product scope on the Nexo platform.
When did Nexo return to the United States?
Nexo relaunched in the United States on 16 February 2026, about three years after it announced a gradual withdrawal from the market in December 2022.
How does the United States offering work?
The United States offering is delivered through a partnership with Bakkt, a regulated digital asset infrastructure provider, which supports compliance and custody. Availability can vary by state and roll out in stages.
Is the Nexo Card available in the United States?
The Nexo Card has historically not been offered in the United States, and some features available in other regions, such as parts of the Earn product, were not initially available to United States clients. Check the current position on the Nexo platform.
How is crypto taxed in the United States?
The Internal Revenue Service treats crypto as property, so selling, exchanging, or spending it is generally a taxable event, while crypto received as income is generally taxed as ordinary income. State taxes can also apply. See the United States crypto tax page. This is general information, not tax advice.
Where can I confirm the current position?
Check Securities and Exchange Commission filings, Nexo's own announcements and Help Center, and Internal Revenue Service guidance. Those primary sources are the most current way to confirm availability before acting.
Rules change frequently. Exchange availability and authorisations can change at short notice, and Nexo's United States offering is rolling out after a relaunch on 16 February 2026, with availability that can vary by state. The position on this page is dated 26 June 2026. Confirm the current status with the platform and the relevant regulators before you act.
Related pages
Subscribe to The Compliance Ledger
One short email when a rule or an exchange status shifts where it matters to you. No noise, no hype.