TechFlow news — According to an official announcement, HashKey Group, a digital asset financial services group ("HashKey" or the "Group"), today announced that its subsidiary HashKey MENA FZE has received in-principle approval (IPA) from Dubai’s Virtual Assets Regulatory Authority (VARA) for its Virtual Asset Service Provider (VASP) license application. This milestone further solidifies HashKey Group’s position as a pioneer in the virtual asset industry and supports HashKey’s mission to deliver secure, transparent, and trustworthy services to users worldwide.
Upon final approval, the VASP license will authorize HashKey MENA FZE to offer virtual asset trading services and virtual asset brokerage-dealer services within the Emirate of Dubai to retail investors, qualified investors, and institutional investors. This achievement marks significant progress for HashKey OTC—the Group’s over-the-counter trading division—in expanding compliant services across the Middle East. Going forward, HashKey OTC will continue demonstrating its commitment to regulatory compliance first, providing individuals and institutions with a secure and efficient digital asset trading environment.
HashKey Group currently holds licenses in Hong Kong, Singapore, Japan, and Bermuda, has secured VASP registration in Ireland, and is actively pursuing MiCA licensing in Europe to further strengthen its global footprint.
