Nexo sues Cayman Islands financial regulator over VASP license
Crypto lender claims Cayman Islands Monetary Authority gave "too much weight" to enforcement actions regulators in its decision to refuse registration.
![Nexo sues Cayman Islands financial regulator for a VASP license](https://images.cointelegraph.com/cdn-cgi/image/format=auto,onerror= redirect,quality=90,width=1434/https://s3.cointelegraph.com/uploads/2023-01/a72230d8-e96c-4d3a-b435-ee117248c36e.jpg)
![Nexo sues Cayman Islands financial regulator over VASP license](https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjMtMDEvYTcyMjMwZDgtZTk2Yy00ZDNhLWI0MzUtZWUxMTcyNDhjMzZlLmpwZw==.jpg?#)
Crypto lender claims Cayman Islands Monetary Authority gave "too much weight" to enforcement actions regulators in its decision to refuse registration.
![Nexo sues Cayman Islands financial regulator for a VASP license](https://images.cointelegraph.com/cdn-cgi/image/format=auto,onerror= redirect,quality=90,width=1434/https://s3.cointelegraph.com/uploads/2023-01/a72230d8-e96c-4d3a-b435-ee117248c36e.jpg)
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