Nexus Dubai Project Obtains First License to Operate Cryptocurrencu Exchange Business in Dubai

The Nexus Dubai (NXD) project, the decentralized financial payment system that's disrupting the traditional payment stack on the blockchain, has obtained the world's first license to operate a cryptocurrency exchange business in Dubai. Through this milestone, the project aims to expedite the development of digital payments in the UAE, and also facilitate greater interconnectivity and digital technology advancements.

The recent development is a very significant achievement considering the fact that NXD has just obtained a crypto exchange license in the UAE, which is the world's center of the exchange business, and the first of its kind.

Mr. Tatsuya Takizawa, founder and CEO NXD, seems confident about the project saying: "The fact that we were able to register the license in Dubai is a major milestone and also proves Nexus Dubai's commitment to compliance. We aim to have NXD services in use throughout the UAE within 3 years."

Nexus Dubai (NXD) is currently listed on top crypto exchanges including MEXC Global, BingX, and Bitget. What's more, the NXD token is now live and trading on Gate.io – a leading cryptocurrency exchange with over 1400 cryptocurrencies and stablecoins. 

Furthermore, the Nexus Dubai project intends to accelerate the wider acceptance and growth of cryptocurrency with a wide range of intuitive, accessible, and efficient solutions that are geared towards real-world adoption. By utilizing the UAE merchant network, NXD in partnership with different companies in the UAE can be used to make payments easily in various places including retail stores, restaurants, hotels and more.

​Source: Bitcoin.com