Nexo Has Gained Registration as Virtual Currency Operator in Italy

Nexo has gained a registration as a virtual currency operator in Italy. This allows it to legally provide its services to Italian citizens. The license is issued by Organismo Agenti e Mediatori, which manages the country's lists of registered financial agents and credit brokers.

"This registration in Italy is part of our master plan to strengthen our presence in the country and improve the robustness of our compliance across Europe," said Antoni Trenchev, co-founder and managing partner of Nexo, in a statement.