#HashKey Obtains Dubai License#
Hot Topic Overview
Overview
HashKey Group, a leading digital asset financial services group in Asia, announced that its member company, HashKey MENA FZE, has received an in-principle approval (IPA) from the Dubai Virtual Assets Regulatory Authority (VARA) for its application for a Virtual Asset Service Provider (VASP) license. This means 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 marks a significant step in HashKey's global expansion and is a testament to the company's progress in delivering compliant services in the Middle East. HashKey Group has already obtained licenses in Hong Kong, Singapore, Japan, and Bermuda. It has also received VASP registration approval in Ireland, and is actively applying for a European MiCA license to further strengthen its global footprint.
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, marking a significant milestone in HashKey's expansion of compliant services in the Middle East. Upon final approval, HashKey MENA FZE will be authorized to provide virtual asset trading and virtual asset brokerage services within the Emirate of Dubai to retail investors, qualified investors, and institutional investors. This Dubai license is another important step in HashKey Group's global expansion, following its licenses in Hong Kong, Singapore, Japan, Bermuda, and its VASP registration approval in Ireland. HashKey Group said it will continue to adhere to the principle of compliance first, providing a safe and efficient digital asset trading environment for individuals and institutional investors.
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Public Sentiment
Discussion Word Cloud
Classic Views
HashKey receives in-principle approval for a VASP license in Dubai, marking a significant milestone in its compliant services in the Middle East.
HashKey is committed to providing users with safe, transparent, and trustworthy virtual asset services. This license further solidifies its position as an industry leader.
HashKey has been actively expanding globally, obtaining licenses in Hong Kong, Singapore, Japan, Bermuda, and other locations. It is actively applying for the European MiCA license.
HashKey will offer virtual asset trading services and virtual asset brokerage services to retail investors, qualified investors, and institutional investors in Dubai.