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Nexo's Dubai entity gains initial approval from VARA, marking a significant step in expanding its virtual asset services in the UAE.

Nexo, a leading digital assets institution, has achieved a significant milestone in its expansion strategy, securing Initial Approval from Dubai's Virtual Assets Regulatory Authority (VARA) for its Dubai entity, Nexo DWTC.

Nexo, a digital asset service provider, has successfully obtained initial approval from the Virtual Assets Regulatory Authority (VARA) in Dubai. This marks a significant milestone for Nexo's regional entity, Nexo DTC, in its quest to secure full licensing for various activities, including Lending & Borrowing, Management & Investment, and Broker-Dealer operations.

Nexo gets initial approval for licensed operations in Dubai's virtual asset market.

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, the institution for digital assets, announced a partnership with Sift, the firm focused on Digital Trust & Safety.

Nexo is partnering with a leading digital safety company, Sift, to promote user safety and create better experiences for users. Nexo, which is a leader in the digital asset industry, is planning to transform its approach to preventing fraud and improving security measures.

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, the digital assets institution, is announcing its membership in the International Association for Trusted Blockchain Applications (INATBA). This strategic alliance marks “a major advancement in Nexo's commitment to shaping the blockchain landscape, leveraging INATBA's established ties with key public sectors in finance and regulation.

Nexo, a regulated digital assets institution, has announced a strategic alliance with the International Association for Trusted Blockchain Applications (INATBA). Nexo becomes INATBA member In today's announcement, Nexo said it will leverage INATBA's network and traction to help shape policies that support crypto innovation while putting security and privacy of users at the forefront.

Nexo, a digital assets company, has achieved ISO 27017 and ISO 27018 certifications

With a new bull run coming to the crypto asset class, and Bitcoin's halving, these are some coins with massive growth potential.

On January 30, Nexo, a digital assets institution, achieved affirmation of its security and privacy protocols by attaining the ISO 27017 and ISO 27018 certifications, per the information shared with Finbold.

Nexo, a leading crypto lender, has received two prestigious certifications from RINA, a multinational inspection and certification company in Italy. Nexo granted ISO 27017 and ISO 27018 certifications According to an announcement shared with Invezz, Nexo is now an ISO 27017 and ISO 27018 certified firm.

Cryptocurrency lender Nexo filed a $3 billion claim against Bulgaria alleging a "politically motivated" criminal probe damaged its reputation and business prospects before prosecutors dropped the investigation citing lack of evidence.

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.

Crypto lender Nexo AG and its subsidiaries are suing the Republic of Bulgaria for $3 billion. The claim is for damages and “lost opportunities” caused by Bulgaria's wrongful investigations into the company and its executives.

Nexo files a $3 billion claim against Bulgaria for damages caused by a dropped investigation, citing material and reputational harm and disrupted business plans.

Crypto lender Nexo AG has submitted an arbitration claim exceeding $3 billion against Bulgaria, asserting that a politically motivated investigation resulted in substantial business losses and damage to its reputation.

Nexo, a crypto lending firm, said on Jan. 24 that it aims to obtain $3 billion in damages from Bulgaria over a cancelled criminal investigation.

Nexo claims that it would have closed an $8 billion raise if not for Bulgaria's office raid trashing the company's reputation.

In a stunning legal battle, cryptocurrency lender Nexo has filed a $3 billion lawsuit against Bulgaria, accusing the Balkan nation of unlawfully targeting the company with a politically motivated investigation that ultimately collapsed.

Crypto lender Nexo AG on Wednesday said it filed a lawsuit against the Republic of Bulgaria for more than $3 billion for "wrongful and politically motivated actions" against its employees. The lawsuit, filed at the International Centre for Settlement of Investment Disputes (ICSID) in Washington, D.C.

The suit comes after prosecutors raided Nexo's offices in early 2023 on allegations of organized criminal activity related to crypto lending.