Nexo Secures Preliminary VARA Approval to Launch Crypto Lending and Brokerage Services in Dubai
Submitted by Anonymous (not verified) on Wed, 03/06/2024 - 10:50
On Tuesday, Nexo announced its Dubai entity, Nexo DWTC, had secured preliminary approval from Dubai’s Virtual Assets Regulatory Authority (VARA) to engage in virtual asset lending, borrowing, and broker-dealer activities within the UAE’s most populous city. Nexo Gains Initial VARA Approval for Dubai Crypto Operations The crypto lender Nexo received a provisional “Initial Approval [IA]” […]