HashKey Group obtains approval for a Virtual Asset Service Provider (VASP) license in Dubai, extending its reach worldwide and reinforcing its dedication to providing secure digital asset services.
HashKey Group, a prominent digital asset financial services provider in Asia, has achieved a significant milestone. The group’s subsidiary, HashKey MENA FZE, has been given preliminary approval by the Dubai Virtual Assets Regulatory Authority (VARA). According to the official announcement, HashKey has been granted approval for its application to become a Virtual Asset Service Provider (VASP) licensed entity.
Obtaining this regulatory approval solidifies HashKey’s standing to offer secure and transparent digital asset services on a global scale. Upon receiving the final approval, HashKey MENA FZE will be licensed as both a Virtual Asset Exchange and a Virtual Asset Broker-Dealer. These services will become available in Dubai, catering to retail investors, qualified investors, and institutional ones alike.
Obtaining this approval is not only significant but also well-deserved by HashKey Group’s over-the-counter trading division, HashKey OTC. This license allows HashKey OTC to extend its regulated services into the Middle East. Maintaining a compliance-centric strategy, the group continues to prioritize creating a secure and hassle-free digital asset trading environment for its users.
HashKey Group Sets Sights on Leading Digital Asset Markets with Global Licensing Efforts
In various locations, HashKey Group is currently licensed. This includes Hong Kong, Singapore, Japan, Bermuda, and Ireland. Ireland has additionally registered HashKey as a VASP. Furthermore, the company is pursuing a MiCA license in Europe to further its goal of becoming a globally regulated entity. HashKey’s actions demonstrate its commitment to compliance with regulations as it expands worldwide.
On January 7, 2025, the Central Bank of Ireland approved HashKey Group as a Virtual Asset Service Provider (VASP). This new approval will allow the group to expand its services and European presence while adhering to global regulatory standards. With this move, HashKey Group can now better understand local and international regulations.
In conclusion, obtaining regulatory approvals marks the next phase in HashKey Group’s expansion. The group intends to offer secure, transparent, and regulated services to its international clientele. With a robust regulatory framework already in place, HashKey Group is poised to become a significant player in the evolving digital asset market. The company is expanding globally and is a reliable ally to investors worldwide.
Read More
- INJ PREDICTION. INJ cryptocurrency
- SPELL PREDICTION. SPELL cryptocurrency
- How To Travel Between Maps In Kingdom Come: Deliverance 2
- LDO PREDICTION. LDO cryptocurrency
- The Hilarious Truth Behind FIFA’s ‘Fake’ Pack Luck: Zwe’s Epic Journey
- How to Craft Reforged Radzig Kobyla’s Sword in Kingdom Come: Deliverance 2
- How to find the Medicine Book and cure Thomas in Kingdom Come: Deliverance 2
- Destiny 2: Countdown to Episode Heresy’s End & Community Reactions
- Deep Rock Galactic: Painful Missions That Will Test Your Skills
- When will Sonic the Hedgehog 3 be on Paramount Plus?
2025-01-16 17:43