Search
Nexo Secures Preliminary VARA Approval to Launch Crypto Lending and Brokerage Services in Dubai
6.3.2024
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...
Crypto Lender Nexo Receives Initial Approval for Dubai License from VARA
5.3.2024
Dubai's Virtual Assets Regulatory Authority (VARA) has awarded a virtual asset service provider (VASP) license to Bulgarian decentralized lending platform Nexo.
The post Crypto Lender Nexo Receives Initial Approval for Dubai License from VARA appeared first on Cryptonews
Crypto Lender Nexo Secures First Regulatory Victory in Dubai
5.3.2024
Nexo, a company offering digital asset services, has won initial approval as a licenced entity in Dubai from the region's Virtual Assets Regulatory Authority (VARA), it announced Tuesday
Nexo Partners With Sift for Enhanced Digital Asset Fraud Protection
15.2.2024
The digital asset firm Nexo has announced its partnership with Sift, aiming to upgrade its fraud prevention mechanisms. The collaboration between the duo is expected to streamline and secure the user experience for Nexo’s customer base, which exceeds six million globally. Nexo to Leverage...
Crypto Lender Nexo Submits $3 Billion Damages Claim Against Bulgaria
26.1.2024
The cryptocurrency lending platform Nexo has submitted a $3 billion arbitration claim against the Republic of Bulgaria, following a raid on its office in 2023 and a subsequent probe by the Bulgarian Prosecutor General’s Office. Nexo alleges that these actions harmed its business prospects....
Nexo Seeks $3B in Damages from Bulgaria Over Aborted Investigation Affecting US Stock Listing
24.1.2024
Crypto lender Nexo has started a legal battle seeking $3 billion in damages from Bulgaria following an aborted criminal investigation that the company claims derailed its plans for a US stock market listing and a soccer sponsorship deal. Nexo AG, a Swiss subsidiary of Nexo Capital based in...
Crypto Lender Nexo Seeking $3B in Damages From Bulgaria
24.1.2024
Nexo has accused the country of making "wrongful and politically motivated actions...involving unjustified and oppressive criminal investigations."
Can CoinDepo Service Compete with Binance Simple Earn and Nexo Earn?
20.1.2024
CoinDepo emerged as one of the latest and most promising additions to the decentralized finance sector. Can it compete with established champions such as Binance Simple Earn and Nexo Earn Interest products? It absolutely can, but let’s see how. CoinDepo is a newer provider of decentralized...
Bulgarian Prosecutors Drop Charges Against Crypto Lender Nexo — ‘No Evidence of Criminal Activity’
26.12.2023
The prosecutor’s office for Sofia, the capital city of Bulgaria, has dropped criminal proceedings against crypto lender Nexo. “The team of supervising prosecutors came to the conclusion that there was no evidence of committed crimes,” the authorities stated, adding that crypto...
Nexo's Money Laundering Investigation in Bulgaria Closed Due to Lack of Evidence: Report
22.12.2023
The Bulgarian Prosecutor's Office reported to have said that it found “no evidence of criminal activity,” adding that “no evidence of tax offenses or computer fraud was found against the defendants, either.”
Crypto Loans Platform Nexo Integrates Koinly to Ease User Tax Obligations
1.12.2023
Source: iStock Images Nexo, a lending platform that provides instant crypto loans, has partnered with Koinly to simplify user’s tax reporting. Effective November 30, 2023, the collaboration enables Nexo users to easily generate tailored crypto tax reports. A company statement said that...
Nexo to Phase Out Cashback for UK Exchange and Card Transactions as FCA Rules Approach
6.10.2023
Nexo is joining Bybit and Paypal in withdrawing some services from the U.K. in response to incoming promotion rules
Nexo Launches a Crypto-Powered Debit and Credit Mastercard for the European Economic Area (EEA)
1.9.2023
In partnership with Mastercard, Nexo launched the world's first "Dual Mode Crypto Card," offering debit and credit functionalities for European Economic Area (EEA) citizens on August 31.
The Nexo "Dual Mode Crypto" Card offers users the ability to optimize tax responsibilities by utilizing Credit...
Nexo Mastercard Adds Credit and Debit Toggle to Optimize Crypto Usage
1.9.2023
Nexo has introduced a new “Dual Mode” feature on its cryptocurrency Mastercard, allowing users to switch between debit and credit functions to optimize cryptocurrency spending. Nexo Unveils Dual Mode Card Capabilities to Streamline Crypto Payments Nexo‘s new feature enables...
Nexo launches crypto Mastercard for EEA citizens
31.8.2023
The card is only available to citizens of the 30-country European Economic Area
NEAR Jumps 5% After Nexo Integration, Bucking Market Trend
23.8.2023
Also announced was a partnership with startup Tokenproof
Nexo joins sanctions association as regulatory scrutiny increases
27.7.2023
Nexo looks to keep pace with regulatory requirements by implementing new certification requirements for its compliance team
Nexo in Court With a Co-Founder Over $12M in Missing Assets
13.7.2023
Nexo says its former managing partner left with a hardware wallet full of the company’s crypto
Today in Crypto: Bitpanda Joins Hands with Raiffeisenlandesbank, Galaxy Digital to Develop ETPs with DWS, China Expands CBDC on WeChat, NEAR Goes Live as Blockchain Operating System
26.4.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Bitpanda Joins Hands with Raiffeisenlandesbank, Galaxy Digital to Develop ETPs with DWS, China Expands...
Today in Crypto: Bitpanda Partners with Visa, Near Joins Hands with WEMADE, Ethereum-based Decentralized RPC Goes Live
23.3.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Bitpanda Partners with Visa, Near Joins Hands with WEMADE, Ethereum-based Decentralized RPC Goes Live