TechFlow, May 12 — According to official announcements, HashKey Group, a leading end-to-end digital asset financial services group in the Asia-Pacific region, has officially announced that its subsidiary HashKey MENA FZE has obtained a Virtual Asset Service Provider (VASP) license from Dubai’s Virtual Assets Regulatory Authority (VARA). This marks the official launch of HashKey Global MENA operations in the UAE. With this license, HashKey Global MENA is authorized to provide virtual asset trading services and virtual asset brokerage-dealer services within Dubai.
To meet growing institutional demand, HashKey Global MENA has launched a suite of industry-leading products and services, including:
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USD and AED deposit and withdrawal services: Providing fiat on- and off-ramps, allowing users to transfer USD directly from their bank accounts into HashKey Global MENA’s fiat wallet. Standard Chartered Bank serves as a strategic partner, providing fiat deposit and withdrawal services for the platform.
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Over-the-counter (OTC) trading services: HashKey Global MENA’s OTC desk offers secure and compliant large-volume transactions with competitive, transparent, all-in pricing—no hidden fees. Large trades can be executed instantly, eliminating slippage risk, with flexible settlement options to meet the liquidity needs of institutions and high-net-worth clients.
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Top ten major cryptocurrencies available via OTC: Including Bitcoin (BTC), Ethereum (ETH), and stablecoins (USDT, USDC), tradable through USD and AED fiat channels.
HashKey Group has already obtained digital asset-related licenses from regulatory authorities in Hong Kong, Singapore, Japan, and Bermuda, and has completed VASP registration in Ireland.
