#HashKey obtains Dubai license#
Hot Topic Overview
Overview
HashKey Group's subsidiary, HashKey MENA FZE, has received in-principle approval for a Virtual Asset Service Provider (VASP) license from the Dubai Virtual Assets Regulatory Authority (VARA), marking a significant milestone in HashKey's compliance efforts in the Middle East. This license will authorize HashKey MENA FZE to offer virtual asset trading services and virtual asset brokerage services to retail, qualified, and institutional investors in Dubai. HashKey Group currently holds licenses in Hong Kong, Singapore, Japan, and Bermuda, and has obtained VASP registration approval in Ireland, while actively applying for the European MiCA license, further strengthening its global footprint.
Ace Hot Topic Analysis
Analysis
HashKey MENA FZE, a subsidiary of HashKey Group, 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 expansion of compliant services in the Middle East, enabling it to offer virtual asset trading and brokerage services to retail, qualified, and institutional investors in the future. This IPA further solidifies HashKey Group’s position as a frontrunner in the virtual asset industry and contributes to its commitment to providing secure, transparent, and trusted services globally. HashKey Group currently holds licenses in Hong Kong, Singapore, Japan, and Bermuda, is registered as a VASP in Ireland, and is actively pursuing a European MiCA license to further strengthen its global footprint.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
HashKey obtains in-principle approval for a Dubai VASP license, marking significant progress in the expansion of its compliance services in the Middle East.
HashKey Group, a pioneer in the virtual asset industry, is committed to providing users with secure, transparent and trustworthy services.
The VASP license will authorize HashKey MENA FZE to provide virtual asset trading services and virtual asset brokerage services within the Emirate of Dubai.
HashKey Group is actively expanding its global footprint, having obtained licenses in multiple countries and regions and is currently applying for the European MiCA license.