HomeCrypto NewsBitcoinNexo Secures Preliminary VARA Approval to Launch Crypto Lending and Brokerage Services in Dubai



On Tuesday, Nexo announced its Dubai entity, Nexo DWTC, had secured preliminary approval from Dubaiโ€™s Virtual Assets Regulatory Authority (VARA) to engage in virtual asset lending, borrowing, and broker-dealer activities within the UAEโ€™s most populous city. Nexo Gains Initial VARA Approval for Dubai Crypto Operations The crypto lender Nexo received a provisional โ€œInitial Approval [IA]โ€ [โ€ฆ]



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