Nexo Confirms Compliance with EU MiCAR Regulations
Nexo Confirms Compliance with EU MiCAR Regulations
Nexo has reaffirmed its compliance with the European Union’s Markets in Crypto-Assets Regulation (MiCAR), ensuring uninterrupted operations across the European Economic Area (EEA).
The digital assets wealth platform, Nexo, has established a robust operational framework through partnerships with two MiCAR-licensed entities, Tangany and DLT Finance, which provide custody and brokerage services, respectively. This strategic alignment underscores Nexo’s commitment to maintaining a secure and compliant infrastructure in Europe, positioning it as a leading player in the evolving digital asset landscape. Nexo’s Chief Product Officer, Yasen Yankov, emphasized the importance of these partnerships in enhancing client protection and operational integrity as the company prepares for the regulatory changes brought by MiCAR.
For journalistic integrity, this report was summarized from: markets.businessinsider.com
