Crypto Updates

Nexo Secures Preliminary VARA Approval to Launch Crypto Lending and Brokerage Services in Dubai

Nexo Secures Preliminary VARA Approval to Launch Crypto Lending and Brokerage Services in Dubai


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]” […]

Click Here to Read the Full Original Article at Regulation Archives – Bitcoin News…