HashKey Global MENA has officially entered the UAE market with a new license from Dubai’s Virtual Assets Regulatory Authority (VARA). The approval allows HashKey to offer a range of crypto services, including trading, over-the-counter (OTC) transactions. Additionally, they offer AED/USD onramps in partnership with Standard Chartered. HashKey Global MENA secures VARA license to expand crypto services in the UAE.
The license, granted through HashKey MENA FZE, enables the company to operate as both a crypto exchange and broker-dealer within and from Dubai. According to a press release shared on Monday, HashKey plans to launch fiat on- and off-ramps for USD and AED. The partnership with Standard Chartered will streamline these financial transactions. This will make it easier for clients to move between traditional and digital assets. HashKey Global MENA secures VARA license to facilitate seamless crypto trading in the UAE.
In addition to exchange and broker services, HashKey’s OTC trading desk will cater to institutions and high-net-worth clients. The platform will support major cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), and stablecoins like Tether (USDT) and USD Coin (USDC). These services aim to provide liquidity and secure large-scale trades for HashKey’s growing client base. HashKey Global MENA secures VARA license to strengthen institutional crypto trading in Dubai.
The company’s entry into the UAE market marks a significant step forward for cryptocurrency adoption in the region. HashKey’s expansion aligns with Dubai’s vision to become a global hub for blockchain innovation and financial technology.
Standard Chartered’s involvement in HashKey’s onramp services further solidifies the partnership. The collaboration aims to simplify the process of converting fiat to crypto and vice versa. This will enhance the trading experience for clients in the region. With Standard Chartered’s established financial infrastructure, HashKey clients can expect smooth and secure transactions.
HashKey Global MENA secures VARA license to expand crypto services in the UAE. This marks a new era of digital asset trading and financial integration. The company’s strategic partnerships and regulatory approval position it as a key player in the Middle East’s rapidly evolving cryptocurrency landscape.
