Crypto Lender Nexo Secures First Regulatory Victory in Dubai

New York Stock Exchange with banner flagging ProShares Bitcoin Strategy ETF on the day it started trading.

Receiving a full license involves three stages: an initial provisional permit, a preparatory license, and an operating license. Nexo’s regional entity, Nexo DTC, is seeking to win full approval for Lending & Borrowing, Management & Investment, and Broker-Dealer activities.

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