Nash Official

Can't even sell my NEX back to currency at the minute, so I think it's fair we get an update.

Please scroll up some messages and you'll find the latest info on this matter.

I've read everything so far, it's not really an update.

Correct, but it's the latest info on the same question for now.

1st July is MiCA’s deadline

User 267566994 changed name from 祥敬Chinnn to Chinnn

all nash are offering is a self custody wallet right now so I think they are ok while we wait to get mica

Correct

Yes and no, I received this email today from Bitstamp which got me thinking maybe Nash's problem is exactly self hosting and regulated exchange in one. "To comply with regulatory requirements, we are introducing automated deposit controls effective August 18, 2026. What's changing: Third-party deposits from unhosted wallets exceeding EUR 1,000 are not permitted. Any such deposit will be automatically rejected by our system — you will no longer need to manually reject third-party deposits yourself. Deposits received from other exchanges are not affected by this change. What you need to do: Please note that third-party deposits from unhosted wallets exceeding EUR 1,000 are not permitted and will be automatically rejected by our system." Which is the most ridiculous statement especially in crypto so you no longer can off ramp or even trade on a CEX unless it's purchased on their platform or someone else (for now) is doing kyc and aml for them.

so you have to do 999 eur several times?

As with ordinary AML practice it won't be possible as it would be flagged as limit circumvention. Generally this predicament is so anti crypto it's beyond belief.

i remember reading it was a year or so ago, Nash wallets aren't unhosted wallets, they are KYC'd

Nash provides a non-custodial MPC wallet with which you can do crypto trading / DEX swapping without doing KYC, you just cannot use FIAT services without verification. Going with Bitstamp's (EU) logic you cannot even do basic crypto trading with funds coming from non-custodial wallets. Obviously one can speculate here different reasons for what that might mean in the future but my hope is whatever happens it won't affect Nash's core strength of combining a crypto-native approach with traditional finance.

It was confirmed Nash hosts the wallets but they don’t hold the private keys.

Exactly

Binance didn't get MICA license.

this is in Australia, travel rule as its called are world wide so this is what you should get aswell