Nexo ensures EEA regulatory adherence by leveraging two German-licensed entities for custody and brokerage under MiCAR rules.
Nexo has secured compliance across the European Economic Area (EEA) ahead of the Markets in Crypto-Assets Regulation (MiCAR) implementation. The platform now operates through a localized structure, utilizing two German partners licensed under MiCAR standards.
Tangany provides institutional-grade digital asset custody, while DLT Finance handles brokerage services for digital assets and financial instruments. Both partners are authorized under MiFID II and MiCAR, ensuring regulatory alignment for Nexo’s EEA operations.
The move positions Nexo to maintain market access in the region as MiCAR takes full effect, addressing regulatory requirements for crypto asset service providers.