#HashKey Obtains 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 in-principle approval (IPA) from the Dubai Virtual Assets Regulatory Authority (VARA) for its virtual asset service provider (VASP) license application. This means HashKey is about to provide virtual asset trading services and virtual asset brokerage services to retail investors, qualified investors and institutional investors in Dubai.The Dubai license is another significant milestone for HashKey Group, following its licenses in Hong Kong, Singapore, Japan, Bermuda, etc., further solidifying its position as a pioneer in the virtual asset industry and marking its expansion of compliant services globally. HashKey Group is currently actively applying for a European MiCA license and will continue to be committed to providing safe, transparent and trustworthy services to users in the future.
Ace Hot Topic Analysis
Analysis
HashKey Group's 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 marks a significant milestone for HashKey's compliant operations in the Middle East region. Upon final approval, HashKey MENA FZE will be authorized to offer virtual asset trading services and virtual asset brokerage services to retail, qualified, and institutional investors within the Emirate of Dubai. This licensing achievement further cements HashKey Group's position as a pioneer in the virtual asset industry and demonstrates its commitment to providing safe, transparent, and reliable services to its users. HashKey Group currently holds licenses in Hong Kong, Singapore, Japan, and Bermuda, has obtained VASP registration approval in Ireland, and is actively pursuing a European MiCA license, continuously expanding its global footprint.
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Public Sentiment
Discussion Word Cloud
Classic Views
HashKey obtains in-principle approval for a Dubai VASP license, marking a significant milestone in its compliant services in the Middle East.
The VASP license will authorize HashKey to provide virtual asset trading services to retail, accredited and institutional investors in Dubai.
HashKey has already secured licenses in Hong Kong, Singapore, Japan, Bermuda and obtained VASP registration approval in Ireland, actively applying for the European MiCA license, further strengthening its global footprint.
HashKey's Dubai license solidifies its position as a pioneer in the virtual asset industry and will help it provide safe, transparent and trustworthy services to users globally.