#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 an In-Principle Approval (IPA) from the Dubai Virtual Assets Regulatory Authority (VARA) for its Virtual Asset Service Provider (VASP) license application. This means HashKey will provide virtual asset trading services and virtual asset brokerage services to retail, qualified and institutional investors within the Emirate of Dubai. This license approval in Dubai follows other significant milestones achieved by HashKey including obtaining licenses in Hong Kong, Singapore, Japan, and Bermuda, as well as receiving VASP registration approval in Ireland. It further solidifies HashKey's position as a pioneer in the virtual asset industry and marks a significant addition to its global footprint.
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 a significant milestone for HashKey in its compliant services in the Middle East. Upon final approval, HashKey MENA FZE will be authorized to provide virtual asset trading services and virtual asset brokerage services within the Emirate of Dubai to retail, qualified, and institutional investors. This licensing is a key step in HashKey Group's global expansion strategy. The company has previously obtained licenses in Hong Kong, Singapore, Japan, and Bermuda, as well as VASP registration approval in Ireland, and is actively applying for a European MiCA license. HashKey Group stated that it will continue to prioritize compliance and provide a safe and efficient digital asset trading environment for individual and institutional investors.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
HashKey has received in-principle approval for a Dubai VASP license, marking significant progress in its expansion of compliant services in the Middle East.
HashKey will further solidify its position as a pioneer in the virtual asset industry, providing users with secure, transparent and trustworthy services.
The VASP license will authorize HashKey to provide virtual asset trading services to retail, qualified and institutional investors in Dubai.
HashKey is actively seeking global expansion and has obtained licenses in multiple jurisdictions, and is currently applying for the European MiCA license.