Nexo Achieves MiCAR Compliance as Crypto Lender Expands European Presence

Nexo has secured operational readiness for MiCAR (Markets in Crypto-Assets Regulation) with a fully compliant product suite. This move is part of Nexo's efforts to expand its services across Europe, following regulatory approval from Liechtenstein's Financial Market Authority.

Bitcoin Suisse received a MiCAR license on June 22, 2026, for its European expansion. ClearBank also secured MiCAR approval to roll out USDC and EURC across the continent.

Nexo has faced regulatory challenges in the past, including a $500,000 fine from California regulators for unlicensed loans. However, the company is now expanding its presence in Argentina with over $8 billion in assets under management, following the acquisition of Buenbit.