HashKey Group, a leading digital asset financial services group in Asia, announced today that HashKey member company HashKey MENA FZE has received principle approval (IPA) from the Dubai Virtual Asset Regulatory Authority (VARA) for its Virtual Asset Service Provider (VASP) license application. This milestone event further consolidates HashKey Group's position as a pioneer in the virtual asset industry, helping HashKey provide secure, transparent, and trustworthy services to users worldwide.
After obtaining final approval, the VASP license will authorize HashKey MENA FZE to provide virtual asset trading services and virtual asset brokerage and trading services to retail investors, qualified investors, and institutional investors within the territory of the Emirate of Dubai. This also marks significant progress for HashKey OTC (the group's over-the-counter trading division) in expanding compliance services in the Middle East region. In the future, HashKey OTC will further demonstrate its commitment to compliance first principles and continue to provide a safe and efficient digital asset trading environment for individual and institutional investors.
HashKey Group has currently obtained licenses in Hong Kong, Singapore, Japan, Bermuda, and obtained VASP registration approval in Ireland. At the same time, it is actively applying for the European MiCA license to further strengthen its global presence.