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HashKey Group Expands Presence in UAE with VASP License for Virtual Assets

HashKey Group Expands Presence in UAE with VASP License for Virtual Assets

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by Giorgi Kostiuk

3 hours ago


HashKey Group has announced the launch of HashKey Global MENA and the acquisition of a Virtual Asset Service Provider (VASP) license in the United Arab Emirates, marking an important step in expanding the company’s presence in the region.

HashKey Receives VASP License in UAE

HashKey Group, recognized as a leading provider of digital asset financial services in Asia, obtained the VASP license in the UAE on May 12, 2025. This development followed their prior in-principle approval granted in January 2025.

Dubai License: Step Towards Improved Services

The introduction of the VASP license will enable HashKey Global MENA to offer virtual asset exchange and broker-dealer services in Dubai with local currency support, significantly enhancing the company’s market capabilities.

HashKey's Compliance-First Strategy

HashKey Group actively holds licenses in multiple jurisdictions, strengthening its global presence. The UAE license aligns with regional regulatory trends, highlighting HashKey's compliance-first strategy and allowing the company to maintain its leadership in the digital asset industry.

The acquisition of the VASP license in the UAE represents a significant milestone for HashKey Group, emphasizing their commitment to developing client services and adapting to local market demands.

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