#HashKey Receives Dubai License#
Hot Topic Overview
Overview
HashKey Group, Asia’s leading digital asset financial services group, announced that its member company HashKey MENA FZE has received an In-Principle Approval (IPA) from the Dubai Virtual Asset Regulatory Authority (VARA) for its Virtual Asset Service Provider (VASP) license application. This means HashKey will be able to provide virtual asset trading services and virtual asset brokerage services to retail, qualified, and institutional investors within the Emirate of Dubai. This Dubai license is a significant step in HashKey's global expansion and marks its progress in providing compliant services in the Middle East. HashKey Group currently holds licenses in Hong Kong, Singapore, Japan, and Bermuda and has received VASP registration approval in Ireland, while also actively applying for a European MiCA license to further strengthen its global footprint.
Ace Hot Topic Analysis
Analysis
HashKey Group's subsidiary, HashKey MENA FZE, has received in-principle approval (IPA) for a Virtual Asset Service Provider (VASP) license from the Dubai Virtual Asset Regulatory Authority (VARA). This means HashKey will be able to provide virtual asset trading and brokerage services to retail, qualified, and institutional investors within the Emirate of Dubai. Obtaining this license is a significant step in HashKey's global expansion and marks its progress in providing compliant services in the Middle East. HashKey Group currently holds licenses in Hong Kong, Singapore, Japan, and Bermuda, has achieved VASP registration approval in Ireland, and is actively applying for a European MiCA license, further strengthening its global footprint.
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Public Sentiment
Discussion Word Cloud
Classic Views
HashKey has received in-principle approval for a VASP license in Dubai, marking a significant milestone in its compliance services in the Middle East.
As a leader in the virtual asset industry, HashKey Group will continue to provide its users with safe, transparent, and reliable services.
The VASP license will authorize HashKey MENA FZE to offer virtual asset trading services and virtual asset brokerage services within the Emirate of Dubai to retail investors, qualified investors, and institutional investors.
HashKey Group is actively expanding its global market reach, having obtained licenses in Hong Kong, Singapore, Japan, Bermuda, and a VASP registration approval in Ireland, and is actively applying for the European MiCA license.