Dubai VARA Grants HashKey In-Principle Approval For VASP Application

BTCC / BTCC Square / Global Cryptocurrency /

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2025-01-13 21:02:02

HashKey Group has announced that its Middle East and North Africa (MENA) arm has received in-principle approval from the Dubai Virtual Assets Regulatory Authority (VARA) for its Virtual Asset Service Provider (VASP) license application. This approval allows HashKey MENA to offer a range of crypto services, including broker-dealer operations. The approval marks a significant step for HashKey's over-the-counter (OTC) trading division in the region, emphasizing a compliance-first approach to provide a secure and efficient environment for digital asset trading. HashKey Group has already secured licenses in other major jurisdictions such as Hong Kong, Singapore, and Japan.

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