#HashKey Receives Dubai License#
Hot Topic Overview
Overview
HashKey Group, Asia's leading digital asset financial services group, has announced that its member company HashKey MENA FZE has received In-Principle Approval (IPA) from the Dubai Virtual Assets Regulatory Authority (VARA) for its Virtual Asset Service Provider (VASP) license application. This marks a significant milestone for HashKey in its compliance services in the Middle East region, paving the way for further business expansion in the area. HashKey Group currently holds licenses in Hong Kong, Singapore, Japan, and Bermuda, and has received VASP registration approval in Ireland. It is actively pursuing a European MiCA license to further strengthen its global presence.
Ace Hot Topic Analysis
Analysis
HashKey Group's HashKey MENA FZE has received In-Principle Approval (IPA) from the Dubai Virtual Assets Regulatory Authority (VARA) for its Virtual Asset Service Provider (VASP) license application. This means HashKey is about to be eligible to provide virtual asset trading services and virtual asset brokerage trading services to retail investors, qualified investors, and institutional investors within the Emirate of Dubai. This Dubai license is a significant step in HashKey Group's global expansion, further solidifying its position as a pioneer in the virtual asset industry and marking progress in HashKey OTC's compliant services in the Middle East. HashKey Group currently holds licenses in Hong Kong, Singapore, Japan, Bermuda and has obtained VASP registration approval in Ireland, while actively applying for the European MiCA license, continuously strengthening its global footprint.
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Public Sentiment
Discussion Word Cloud
Classic Views
HashKey secures in-principle approval for a VASP license in Dubai, marking a significant step in its expansion of compliant services in the Middle East.
HashKey Group, a pioneer in the virtual asset industry, is committed to providing users with secure, transparent and trusted services.
The VASP license will authorize HashKey MENA FZE to provide virtual asset trading services to different types of investors within the Emirate of Dubai.
HashKey Group is actively obtaining licenses globally, including Hong Kong, Singapore, Japan, Bermuda, Ireland, among others, and is in the process of applying for the European MiCA license to strengthen its global footprint.