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Today in Crypto: Nexo Plans to Buy Vauld; UK Explores DeFi Taxation

July 05, 2022
Nexo
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Today in Crypto: Nexo Plans to Buy Vauld; UK Explores DeFi Taxation

July 05, 2022
Nexo, the cryptocurrency lender, said it plans to buy troubled fellow lender Vauld, showing how a consolidated crypto industry might look, Reuters wrote Tuesday (July 5). Nexo will be buying 100% of Singapore-based Vauld and would “reorganize its future operations with the aim to accelerate its deeper presence in Asia.” While there was no time […]