#HashKey secures Dubai license#
Hot Topic Overview
Overview
HashKey Group's subsidiary, HashKey MENA FZE, has received an In-Principle Approval (IPA) from the Dubai Virtual Assets Regulatory Authority (VARA) for its Virtual Asset Service Provider (VASP) license application. This means HashKey will be able to offer virtual asset trading services and virtual asset brokerage services to retail, qualified and institutional investors in Dubai. Obtaining the license marks a significant step forward in HashKey's expansion of its regulated services in the Middle East, further solidifying its position as a leader in the virtual asset industry. HashKey Group currently holds licenses in Hong Kong, Singapore, Japan, Bermuda and has obtained VASP registration approval in Ireland. It is also actively pursuing a European MiCA license, further reinforcing its global footprint.
Ace Hot Topic Analysis
Analysis
HashKey Group's subsidiary, HashKey MENA FZE, has received an In-Principle Approval (IPA) from the Dubai Virtual Assets Regulatory Authority (VARA), marking significant progress in its application for a Virtual Asset Service Provider (VASP) license. This will authorize HashKey MENA FZE to offer virtual asset trading and brokerage services to retail, accredited, and institutional investors in Dubai. This Dubai license is a further milestone for HashKey Group, following the acquisition of licenses in Hong Kong, Singapore, Japan, and Bermuda, and the registration approval as a VASP in Ireland. It further solidifies its global leadership position and demonstrates its commitment to compliance. HashKey Group is actively applying for the European MiCA license, further expanding its global footprint and providing users with secure, transparent, and reliable digital asset services.
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Public Sentiment
Discussion Word Cloud
Classic Views
HashKey obtains in-principle approval for a Dubai VASP license, marking a significant advancement in its expansion of compliant services across the Middle East.
HashKey Group is a pioneer in the virtual asset industry, dedicated to providing safe, transparent, and trustworthy services to users.
The VASP license will authorize HashKey to offer virtual asset trading services in Dubai to retail, qualified, and institutional investors.
HashKey Group is actively expanding its global footprint, having obtained licenses in multiple countries and regions, and is currently applying for a European MiCA license.