Crypto
Nexo Completes MiCA Compliance to Continue EU Services
Crypto lender Nexo has completed preparations under the European Union's Markets in Crypto-Assets (MiCA) regime to continue operating in the region.
Nexo is continuing to provide services across the European Economic Area through its Germany-based partners Tangany and DLT Finance, which hold MiCA licenses. Tangany provides crypto custody services, while DLT Finance supplies brokerage and trade-execution infrastructure.
The MiCA transition period ended on July 1, after which crypto firms that failed to secure MiCA licenses suspended their services in the EU. Nexo's completion of MiCA compliance allows it to continue operating in the region without interruption.