#HashKey Obtains Dubai License#
Hot Topic Overview
Overview
HashKey MENA FZE, a subsidiary of HashKey Group, has received the 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 compliance efforts in the Middle East, paving the way for the company to offer virtual asset trading services and virtual asset brokerage services to retail investors, qualified investors, and institutional investors. HashKey Group has already secured licenses in Hong Kong, Singapore, Japan, and Bermuda and obtained VASP registration approval in Ireland. The company is actively pursuing a European MiCA license, further solidifying its global footprint.
Ace Hot Topic Analysis
Analysis
HashKey Group's 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, marking a significant step forward in HashKey's expansion of compliant services in the Middle East. The license will authorize HashKey MENA FZE 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 Dubai licensing is a key step in HashKey Group's global strategy, as the company has already obtained licenses in Hong Kong, Singapore, Japan, and Bermuda, and has received VASP registration approval in Ireland. The company is also actively applying for the European MiCA license, further strengthening its global footprint. HashKey Group adheres to a principle of compliance first and is committed to providing secure, transparent, and trustworthy services to users.
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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 Group, as a pioneer in the virtual asset industry, is committed to providing users with safe, transparent, and trustworthy services.
The VASP license will authorize HashKey MENA FZE to provide virtual asset trading services to retail, qualified, and institutional investors within the Emirate of Dubai.
HashKey Group is actively expanding its global footprint, having obtained licenses in Hong Kong, Singapore, Japan, Bermuda, and VASP registration approval in Ireland, while actively pursuing a European MiCA license.