HashKey Group Expands Crypto Services to UAE with Dubai Regulatory Approval
Hong Kong’s HashKey Group has secured a VIRTUAL Asset Service Provider (VASP) license from Dubai’s Virtual Assets Regulatory Authority (VARA), marking its formal entry into the Middle East and North Africa (MENA) region. The newly launched HashKey Global MENA will offer institutional clients fiat on-ramps in USD and AED, alongside brokerage services for major cryptocurrencies.
The approval underscores Dubai’s growing role as a crypto hub, with VARA’s framework attracting established Asian players. HashKey’s infrastructure push aligns with broader industry trends linking cross-border economies through blockchain technology, particularly benefiting underserved markets.