#HashKey Obtains Dubai License#
Hot Topic Overview
Overview
HashKey Group's subsidiary, HashKey MENA FZE, has received the In-Principle Approval (IPA) for a Virtual Asset Service Provider (VASP) license from the Dubai Virtual Asset Regulation Authority (VARA). This means HashKey will be authorized to provide virtual asset trading services and virtual asset brokerage services to retail, qualified, and institutional investors within the Emirate of Dubai. This licensing milestone marks another key development in HashKey's global expansion, following its licensing successes in Hong Kong, Singapore, Japan, Bermuda, and other jurisdictions. It also signals the progress of HashKey OTC in providing compliant services in the Middle East. HashKey is actively applying for the European MiCA license to further strengthen 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 Asset Regulatory Authority (VARA) for its Virtual Asset Service Provider (VASP) license application. This marks a significant milestone in HashKey's compliance journey in the Middle East, further solidifying its position as a leader in the virtual asset industry. Upon final approval, HashKey MENA FZE will be authorized to provide virtual asset trading services and virtual asset brokerage services to retail, qualified, and institutional investors within the Emirate of Dubai. HashKey Group currently holds licenses in Hong Kong, Singapore, Japan, and Bermuda, and has obtained VASP registration approval in Ireland. The group is actively pursuing a European MiCA license to further strengthen its global footprint.
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Public Sentiment
Discussion Word Cloud
Classic Views
HashKey receives in-principle approval for a VASP license in Dubai, marking a significant milestone in its expansion of compliant services in the Middle East.
HashKey is a pioneer in the virtual asset industry, committed to providing secure, transparent and trustworthy services for users.
HashKey is actively deploying in global markets, having already obtained licenses in Hong Kong, Singapore, Japan, Bermuda, and VASP registration approval in Ireland, while actively applying for the European MiCA license.
Upon final approval, HashKey will provide virtual asset trading services and virtual asset brokerage services to retail investors, qualified investors and institutional investors in Dubai.