#HashKey secures 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 that HashKey will be able 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 license is another significant milestone for HashKey following its licensing in Hong Kong, Singapore, Japan, Bermuda, and its VASP registration approval in Ireland. This further solidifies its position as a pioneer in the virtual asset industry and marks a significant step in HashKey OTC's expansion of compliant services in the Middle East.
Ace Hot Topic Analysis
Analysis
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 Regulatory Authority (VARA), marking another significant milestone in HashKey's global expansion. This license will authorize HashKey MENA FZE to provide virtual asset trading and brokerage services to retail, qualified, and institutional investors within the Emirate of Dubai, further solidifying HashKey Group's position as a leading innovator in the virtual asset industry. HashKey Group has already secured licenses in Hong Kong, Singapore, Japan, Bermuda, and obtained VASP registration approval in Ireland. It is also actively pursuing a European MiCA license, continuously strengthening its global footprint. The Dubai license signifies that HashKey OTC will further expand its compliant services in the Middle East, providing individuals and institutional investors with a secure and efficient digital asset trading environment.
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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 expansion 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 to retail investors, qualified investors and institutional investors in Dubai.
HashKey Group is actively expanding its global footprint and has already obtained licenses in Hong Kong, Singapore, Japan, Bermuda, and VASP registration approval in Ireland, while actively applying for the European MiCA license.