HashKey Group, a major player in digital asset financial services, has formally launched HashKey Global MENA, its MENA-dedicated office based in Dubai. The company revealed the move on May 12, 2025, as part of its wider aim to provide top-level crypto trading services in Middle East and North Africa (MENA).
Now that HashKey MENA FZE has obtained a Virtual Asset Service Provider (VASP) license approved by Dubai’s VARA, it can work as a virtual asset exchange and broker-dealer. It is important because it shows how the company is bringing professional trading tools to a fast-growing region in the digital asset world.
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Focus on Institutional-Grade Security
The MENA platform ensures compliance, transparency and the highest levels of security. We employ advanced security practices to ensure users’ capital remains safely protected, given the increasing significance of trust in the world of digital assets. HashKey collaborates with Standard Chartered to provide both individuals and companies with secure and dependable digital asset trading services.
El-Baz, Managing Director of HashKey Global, said, “With this milestone, we can help UAE clients make better use of local currencies and improve access to our services.” With this license, we can add new regulated, safe and legal crypto products to our portfolio.
Seamless Crypto-to-Fiat Trading
On the platform, users can trade both AED and USD against USDT, BTC, ETH and SOL. Users are comfortable with Flightlog, as all its prices are listed without any secret costs.
Making it easy to move AED and USD into or out of crypto systems with AEDX is a key way users can take advantage of crypto opportunities along with their normal finance strategies.
Exclusive OTC Services Designed for MENA Clientele
HashKey announces the launch of an OTC desk dedicated to fulfilling the trading demands of institutional and high-end clients. The platform supports:
- Major digital assets such as Bitcoin and Ethereum are available for block trading.
- Swift settlement of stablecoin transactions supported.
- Quick and seamless payments optimized for any liquidity requirements.
- Clients benefit from decreased risks of slippage and improved execution speed.
The features and offerings of our OTC desk have been tailored to accommodate the particular needs and surging interests of business investors located within Dubai and the surrounding areas.
Why Dubai? Enhancing Operations by Joining a Crypto-Friendly Business Ecosystem
This move allows HashKey to take advantage of the region’s thriving financial scene. Crypto activity has flourished in Dubai because of its progressive laws and a rapidly growing community of users actively investing in the crypto.
Chainalysis data shows that the MENA region’s $389.8 billion worth of transactions placed it sixth worldwide in crypto activity from July 2022 to June 2023. As Dubai is at the forefront of blockchain innovation, HashKey is capitalizing on a rapidly growing market.
The VARA framework put in place by the UAE in 2023 has played a vital role in luring international crypto players due to the clarity it brings to the sector, unlike most other jurisdictions. This regulation supports HashKey’s commitment to both compliance and transparency.
Bridging Traditional and Digital Finance
With significant success in regulated crypto innovation within the Asian region, HashKey seeks to establish itself as a leader in this emerging field globally. The VASP license obtained by HashKey is setting new standards for the development of digital finance both in the UAE and globally.
HashKey’s presence in Dubai bridges the worlds of traditional finance and Web3, making it simpler and safer for people to enter into cryptocurrency trading.
HashKey Global MENA is expected to play a crucial role in shaping the expansion of digital finance throughout the UAE and the wider MENA region. With the addition of HashKey, more investors in the UAE and MENA can enter this dynamic industry with convenience and safety.