**Nexo Resumes UK Registrations After Regulatory Overhaul**

Nexo, the crypto lending platform, is back to accepting new users in the UK after a 10-month hiatus. This pause allowed Nexo to align with the UK's Financial Conduct Authority (FCA) guidelines. The updated onboarding process now includes mandatory risk warnings, a cool-off period, and FCA-compliant assessments to enhance investor protection.

Nexo halted new registrations in December 2023 to implement these changes. They also phased out some UK services in October 2023, including cashback payouts and referral programs, in response to FCA regulations. Other firms like PayPal and Bybit also scaled back their crypto offerings during this period.

Nexo's spokesperson emphasized that the new process aims to improve user risk awareness and streamline the registration process. The UK remains a crucial market for Nexo, and the company is committed to helping investors navigate the crypto landscape with better educational resources and support.