Digital Asset Custody & Regulation in Dubai
Hex Trust Group recently secured an additional VASP license from Dubaiβs Virtual Asset Regulatory Authority (VARA). This VASP license is pivotal for expanding Hex Trustβs service capabilities and geographic reach. Learn more about Hex Trust, its new license, and its pioneering services.
Hex Trust’s Enhanced Service Offerings
Hex Trust’s latest license acquisition allows for the expansion of its digital asset services, covering VA Broker-Dealer, Management, Investment, and Staking services. Discover how this license solidifies Hex Trust’s commitment to regulatory compliance and innovation in the ever-evolving crypto landscape.
- Hex Trust acknowledges the strategic advantages of Dubai’s regulatory framework for crypto businesses, particularly in the UAE.
- Learn more about Hex Trust’s recent full operating license from VARA and its implications for institutional clients and investors.
- Explore the key services now offered by Hex Trust Markets MENA FZE, catering to institutional investors in the MENA region.
Expanded Virtual Asset Services
With the acquisition of the new license, Hex Trust can now provide clients with safe access to the DeFi ecosystem and regulated staking services. Discover how Hex Trust’s global trading team ensures seamless client support and trading coverage round the clock.
- Explore how Hex Trust facilitates efficient fiat on-ramp/off-ramp services and risk management solutions for corporate treasuries.
- Alessio Quaglini, Hex Trust’s CEO, emphasizes the company’s commitment to regulation and compliance as a trusted partner in the financial industry.
- VARA’s regulatory process and supportive environment in Dubai have positioned Hex Trust as a key player in the MENA region’s crypto market.
Dubai’s Role in the Global Crypto Market
Learn about Dubai’s progressive crypto regulation and its position as a global hub for virtual assets. Matthew White, CEO of VARA, highlights the importance of balancing innovation with regulation to foster growth in the crypto community.
- Discover Dubai’s impressive $25 billion in crypto transactions in 2022, signaling its prominent position in the crypto market.
- Explore the potential of Web3 applications, DeFi, and the metaverse as outlined by the Dubai Multi Commodities Centre (DMCC).
- Understand the critical role of regulatory approaches in driving the future growth of the crypto market while ensuring consumer protection and fraud prevention.
Hot Take: Dubai’s Crypto Evolution
Hex Trust’s recent VASP license acquisition marks a significant milestone in its journey to provide cutting-edge digital asset services in Dubai and the wider MENA region. With a focus on compliance, innovation, and client trust, Hex Trust continues to lead the way in the evolving crypto landscape.
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