HashKey Group Announces Launch of HashKey Global MENA | Crypto News

HONG KONG, May 12, 2025 /PRNewswire/ — HashKey Group (“HashKey”), a main end-to-end digital asset financial providers group in Asia Pacific, has secured a Virtual Asset Service Provider (VASP) license from Dubai Virtual Assets Regulatory Authority (VARA). The license was granted to HashKey MENA FZE, the working entity of HashKey Global MENA, marking the official launch of the company within the United Arab Emirates (UAE). With this license, HashKey Global MENA is permitted to offer each Virtual Asset Exchange Services and Virtual Asset Broker-Dealer Services within, and originating from, the Emirate of Dubai.

Securing the VASP license represents a important milestone in HashKey’s market enlargement strategy into the area. As the UAE continues to determine itself because the premier hub for digital belongings within the Middle East, HashKey Global MENA will cater to customers and enterprises in search of trusted, compliant entry to digital asset providers.

To meet the growing institutional wants, the company will introduce a suite of services distinguished by a number of best in school options:

• USD and AED Deposits & Withdrawals: Offers fiat on and off-ramp, permitting customers to immediately switch USD from their bank account to HashKey Global MENA’s fiat wallet. As a strategic companion, Standard Chartered supplies fiat currency deposit and withdrawal providers for the platform. Powered by the bank’s industry-leading (on & off)-ramp answer, the platform affords customers a dependable, and extremely environment friendly fiat deposit and withdrawal expertise.
• OTC Services: HashKey Global MENA OTC delivers regulated block trading with aggressive all-inclusive pricing, making certain clear quotes and 0 hidden charges for market-leading charges. Large orders benefit from instantaneous execution, eliminating slippage dangers, whereas versatile settlement choices cater to institutional and HNWI liquidity wants.
• Major Top 10 Tokens Available For OTC: Access top-tier cryptocurrencies, together with Bitcoin (BTC) and Ethereum (ETH), alongside stablecoins (USDT, USDC), accessible by means of OTC providers by means of on and off ramps utilizing USD and AED. BTC and ETH stay essentially the most sought-after tokens, offering trusted liquidity and alignment with institutional demand. All belongings are custodied on a VARA-licensed platform with institutional-grade safeguards.

“As a licensed platform, HashKey Global MENA embraces institutional needs by offering a regulated gateway for fiat-crypto transactions, backed by institutional-grade safeguards and strategic partnerships like Standard Chartered. Our regional expansion ambitions, with a strategic focus on the GCC, are rooted in empowering MENA’s institutions and HNWIs with seamless, cost-efficient access to global crypto markets, reinforcing the UAE’s position as a hub for blockchain innovation while prioritizing compliance and client protection at every step,” mentioned Sherif Sanad, Country Manager, HashKey Global MENA.

The UAE has firmly established itself because the third-largest crypto economic system within the MENA area. To meet the wants of this quickly increasing market, HashKey Global MENA will ship not simply digital asset trading providers, however will proceed to evolve and develop progressive digital asset merchandise, designed and delivered within VARA’s strong regulatory and compliance framework.

“At HashKey, we believe innovation in crypto shouldn’t come at the cost of compliance. In fact, the industry’s future depends on building boldly—while staying within clear, trusted regulatory frameworks. That’s why we’re committed to working closely with regulators around the world to deliver reliable digital asset products and services on a global scale,” mentioned Sherif Sanad, Country Manager, HashKey Global MENA.

HashKey Group already holds digital asset-related licenses from regulators in Hong Kong, Singapore, Japan, and Bermuda, in addition to VASP registration in Ireland. As half of its ongoing dedication to building a world-class regulatory footprint, the company can be actively pursuing a Markets in Crypto-Assets (MiCA) license within the European Union. The HashKey Global MENA exchange might be stay ranging from May nineteenth.

About HashKey Global MENA

HashKey Global MENA is the exchange business below HashKey Group, offering licensed crypto asset trading providers to customers worldwide. HashKey MENA FZE (VL/18/03/002), the working entity of HashKey Global MENA, is licensed by the Dubai Virtual Assets Regulatory Authority (VARA) as a Virtual Asset Service Provider. Certain providers, options, and campaigns will not be accessible in your jurisdiction.

Disclaimer: https://group.hashkey.com/disclaimer-group/blank-1 

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