Digital asset protection company Hex Trust has received a license from Dubai’s Virtual Assets Regulatory Authority (VARA).
Cryptocurrencies, which are developing and adopted day by day, have begun to enter the radar of countries. Countries that work intensively on blockchain and digital assets do not want to be left behind in technology. Singapore, one of these countries, stated that it wants to become a blockchain hub. In addition, South Korea has made one city the center of studies in this field by clearing it of regulators. On the European side, studies are carried out through MiCa. The crash of the FTX exchange has concentrated the thought of regulation and supervision. Finally, Hex Trust licensed it from Dubai.
Hex Trust Passed Dubai Exam
Crypto and digital asset protection company Hex Trust has received a Minimum Viable Product (MVP) license from Dubai.
Thanks to the MVP license, the digital asset company will be able to handle its services in the country without any problems. This license will provide corporate clients with a variety of services such as virtual asset custody services, staking services and commission facility. The company gained credibility with this license from Dubai.
The digital asset protection company, which received temporary permission from Dubai in June, managed to obtain its full license after about five months. Also in Dubai, Binance and Komaiun are also licensed.
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