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HashKey Eyes Middle East Growth with In-Principle Dubai VASP License Approval

  • HashKey Group has received the In-Principle Approval (IPA) for the Virtual Asset Service Provider (VASP) license from the Dubai Virtual Assets Regulatory Authority (VARA). This comes after receiving registration approval from the Central Bank of Ireland.
  • HashKey MENA FZE, the Dubai branch of the Group, will be licensed to provide Virtual Asset Exchange Services and Virtual Asset Broker-Dealer Services to retail, qualified, and institutional investors in Dubai.
  • This approval strengthens HashKey's over-the-counter (OTC) trading arm, HashKey OTC, and expands its OTC-regulated products in the Middle East.
  • HashKey Group is actively pursuing regulatory licenses in various jurisdictions, including Hong Kong, Singapore, Japan, Bermuda, and applying for an EU Market in Crypto-Assets (MiCA) license for the European Union.

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