#HashKey Receives Dubai License#
Hot Topic Overview
Overview
HashKey Group, a leading digital asset financial services group in Asia, has 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 that HashKey will be able to provide virtual asset trading services and virtual asset brokerage services to retail investors, qualified investors, and institutional investors within the Emirate of Dubai. This license approval is a significant milestone in HashKey's global expansion, and it also marks significant progress in the compliance services of its over-the-counter (OTC) trading desk, HashKey OTC, in the Middle East region. HashKey Group currently holds licenses in Hong Kong, Singapore, Japan, and Bermuda, and has received VASP registration approval in Ireland. It is also actively applying for a European MiCA license, further strengthening its global presence.
Ace Hot Topic Analysis
Analysis
HashKey Group’s subsidiary, HashKey MENA FZE, has received an In-Principle Approval (IPA) for a Virtual Asset Service Provider (VASP) license from the Dubai Virtual Asset Regulatory Authority (VARA). This means that HashKey will be able to offer virtual asset trading services and virtual asset brokerage services to retail, qualified, and institutional investors within the Emirate of Dubai. This licensing is a significant step in HashKey Group's global expansion and marks the progress of its over-the-counter (OTC) trading desk, HashKey OTC, in its compliant services in the Middle East. HashKey Group has already obtained licenses in Hong Kong, Singapore, Japan, and Bermuda, and has achieved VASP registration approval in Ireland, while actively applying for the European MiCA license to further solidify its global footprint.
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Public Sentiment
Discussion Word Cloud
Classic Views
HashKey obtains in-principle approval for a VASP license in Dubai, marking a significant milestone in its compliant services in the Middle East.
HashKey becomes a pioneer in the virtual asset industry, further solidifying its leading position globally.
HashKey will provide virtual asset trading services and virtual asset brokerage services to retail investors, qualified investors and institutional investors in Dubai.
HashKey is actively expanding its global footprint, having obtained licenses in Hong Kong, Singapore, Japan, Bermuda and VASP registration approval in Ireland, and is actively applying for the European MiCA license.