#HashKey Gets Dubai License#
Hot Topic Overview
Overview
HashKey Group subsidiary, 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 step forward in HashKey's expansion of compliant services in the Middle East region. This license will empower HashKey MENA FZE to offer virtual asset trading and brokerage services to retail, qualified investors, and institutional investors in Dubai. HashKey Group has already obtained licenses in Hong Kong, Singapore, Japan, Bermuda, and received VASP registration approval in Ireland. The company is actively pursuing the European MiCA license, further strengthening its global presence.
Ace Hot Topic Analysis
Analysis
HashKey Group’s 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, marking a significant milestone in HashKey’s compliant services in the Middle East region. This 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. HashKey Group has already obtained licenses in Hong Kong, Singapore, Japan, Bermuda, etc., and has received VASP registration approval in Ireland. It is actively applying for the European MiCA license, further strengthening its global footprint. The acquisition of this Dubai license will further solidify HashKey Group’s position as a pioneer in the virtual asset industry, helping it provide secure, transparent, and trustworthy services to users worldwide.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
HashKey receives in-principle approval for a Dubai VASP license, marking a significant step forward in its compliant services in the Middle East.
HashKey will utilize this license to provide virtual asset trading and brokerage services to retail, qualified and institutional investors in Dubai.
HashKey Group has already obtained licenses in Hong Kong, Singapore, Japan, Bermuda, and is actively pursuing a European MiCA license, further solidifying its global footprint.
HashKey's Dubai license further cements its position as a leading player in the virtual asset industry, enabling it to provide secure, transparent and trustworthy services to users around the world.