[gargarplex]

Let's say I'm a NY resident with a Nexo account. What happens to my assets?

[thehappypm]

"Assets"? They're currencies, by law.

[Gene_Parmesan]

If liquid cash is considered an asset, so too can cryptos. Most of them would rather not be recognized as such formally due to regulations they desperately want to avoid, but call a spade a spade, etc., etc.