HashKey Group has officially expanded into the Middle East by launching its business operations in the United Arab Emirates through its subsidiary, HashKey MENA FZE.
The company announced that it has successfully secured a Virtual Asset Service Provider (VASP) license from the Dubai Virtual Asset Regulatory Authority (VARA), a significant regulatory milestone that grants it the ability to offer virtual asset trading and brokerage services in Dubai.
The license aligns with the UAEโs push to position itself as a leading digital asset hub and sets the foundation for HashKey to serve both institutional and retail clients across the region with compliant, secure, and scalable crypto services.
Strategic Offerings Include Fiat Channels and Institutional-Grade OTC Services
In tandem with the license acquisition, HashKey Global MENA has rolled out a comprehensive suite of services tailored for institutional clients and high-net-worth individuals.
Among the most notable are fiat currency deposit and withdrawal channels supporting both US dollars and UAE dirhams.
Users can fund and withdraw from their accounts directly through bank transfers, with Standard Chartered Bank serving as a strategic partner to facilitate these operations.
The partnership ensures a seamless and secure experience by leveraging Standard Chartered’s robust fund access infrastructure, further strengthening HashKey’s reputation as a compliance-first platform.
Secure, Transparent Over-the-Counter Trading for Leading Digital Assets
HashKey Global MENA has also launched over-the-counter (OTC) trading services designed for large-scale block trades.
These services are built to offer institutional clients competitive, transparent pricing with zero hidden fees, flexible settlement options, and instant execution to avoid slippage.
The OTC platform supports transactions for the ten most widely used digital assets, including Bitcoin (BTC), Ethereum (ETH), and stablecoins such as USDT and USDC.
All transactions are routed through fiat channels in USD and AED, providing clients with liquidity and execution reliability while ensuring full compliance with VARA’s regulatory framework.
Also Read: HashKey Europe Secures VASP License From Irelandโs Central Bank After An Impressive 2024 Growth
Strengthening the Middle Eastโs Digital Asset Ecosystem
The launch of HashKey Global MENA marks a strategic step in HashKey Groupโs broader vision to expand its presence globally, with the Middle East identified as a key growth region.
As Dubai continues to lead the charge in establishing itself as a regulated hub for digital finance.
HashKeyโs entry not only enhances the regionโs crypto ecosystem but also provides a trusted platform for investors seeking secure and compliant services.
By offering institutional-grade infrastructure, regulatory clarity, and a suite of sophisticated trading solutions, HashKey is poised to play a pivotal role in shaping the future of virtual assets in the UAE and the wider Middle East region.
Also Read: HashKey MENA Secures In-Principle Approval from Dubaiโs VARA to Offer Crypto Services