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HashKey Secures UAE License, Launches Crypto Exchange on May 19

HashKey Secures UAE License, Launches Crypto Exchange on May 19

Asian digital asset firm HashKey Group has secured regulatory approval from Dubai’s Virtual Asset Regulatory Authority (VARA) to operate a crypto exchange and dealer platform in the UAE.

The company will officially launch HashKey Global MENA on May 19, 2025, as part of its expansion into the Middle East and North Africa (MENA) region.

To support institutional demand, HashKey Global MENA will offer services including USD and AED deposits and withdrawals, enabled through a fiat on/off-ramp partnership with Standard Chartered.

Additionally, the platform will provide OTC trading, flexible settlement options, and liquidity solutions tailored for institutional clients and high-net-worth individuals (HNWIs).

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Kosta Gushterov

Reporter at Coindoo

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