Crypto custodian Hex Trust receives Dubai VASP license
Dubai’s Virtual Asset Regulatory Authority has granted institutional crypto custodian Hex Trust a virtual asset service provider license.
Source: cointelegraph.com
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Binance founder's adopted home Dubai tightens crypto scrutiny
Officials at Dubai's Virtual Assets Regulatory Authority have in recent weeks asked Binance to provide more information on its ownership structure, governance and auditing procedures.
Source: accountingtoday.com
Hong Kong's Hex Trust gets licence for virtual assets services in Dubai
Hex Trust, the Hong Kong-based fully licensed and insured provider of bank-grade custody and associated services for digital assets, has received the minimum viable product (MVP) license from Dubai’s Virtual Asset Regulatory Authority (VARA). The MVP license will allow the firm to provide a wide range of virtual asset services to institutional clients and sophisticated investors in Dubai within its framework for virtual asset service providers (VASPs).
Source: technode.global