#HashKey Gets Dubai License#
Hot Topic Overview
Overview
HashKey MENA FZE, a subsidiary of HashKey Group, has received In-Principle Approval (IPA) for its Virtual Asset Service Provider (VASP) license application from the Dubai Virtual Asset Regulatory Authority (VARA). This marks a significant step forward for HashKey's compliance services in the Middle East, with plans to further expand its over-the-counter (OTC) operations in the future. HashKey Group has already secured licenses in Hong Kong, Singapore, Japan, Bermuda, and VASP registration approval in Ireland. It is actively applying for the European MiCA license, further strengthening its global presence.
Ace Hot Topic Analysis
Analysis
HashKey Group's subsidiary, 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 marks another significant milestone in HashKey Group's global expansion and demonstrates its commitment to operating in a compliant manner. Upon final approval, HashKey MENA FZE will be authorized to provide virtual asset trading services and virtual asset brokerage services to retail investors, qualified investors and institutional investors within the Emirate of Dubai. HashKey Group has already secured licenses in Hong Kong, Singapore, Japan, Bermuda, among others, and has received VASP registration approval in Ireland. It is also actively applying for the European MiCA license to further strengthen its global footprint. This Dubai license will help HashKey OTC expand compliant services in the Middle East, providing a safe and efficient digital asset trading environment for individuals and institutional investors.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
HashKey obtains in-principle approval for Dubai VASP license, marking a significant milestone in its compliant services across the Middle East.
HashKey Group, a pioneer in the virtual asset industry, is committed to providing safe, transparent and trustworthy services for its users.
The license will authorize HashKey MENA FZE to provide virtual asset trading services to various investors within the Emirate of Dubai.
HashKey Group is actively expanding its global operations, having obtained licenses in multiple countries and regions, and is currently applying for a European MiCA license.