Nexo Locks In MiCAR Compliance With Two German-Licensed Partners
Crypto regulation in Europe is no longer a future concern — for platforms operating in the European Economic Area, it is already a compliance deadline. Nexo is getting ahead of it. The digital assets platform has reaffirmed its Nexo MiCAR compliance strategy ahead of full enforcement, revealing that it has enlisted two German firms already licensed under the Markets in Crypto-Assets framework to handle core operational functions on its behalf.
Key takeaways
- Nexo has reaffirmed compliance with MiCAR ahead of enforcement by partnering with two German MiCAR-licensed firms.
- Tangany will provide digital asset custody services for Nexo’s EEA operations.
- DLT Finance will handle digital asset brokerage for Nexo.
- The partnerships are designed to align Nexo’s operations with the MiCAR framework and strengthen its standing in the European Economic Area.
- MiCAR creates a comprehensive regulatory framework for crypto-assets across the EU, requiring licensed service providers for custody and brokerage activities.
Two Licensed German Partners, Two Distinct Roles
Nexo’s approach is structurally straightforward: rather than navigating the full licensing process from scratch, the platform has aligned itself with firms that already hold MiCAR credentials in Germany — one of the EU’s most rigorous regulatory jurisdictions for digital assets.
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