Hex Trust Granted Full Crypto Operating License in Dubai: A Major Milestone

Exciting news for the crypto industry! Institutional-grade crypto custodian Hex Trust has successfully obtained a full operating license from Dubai’s Virtual Assets Regulatory Authority (VARA), the firm announced today. This signifies a significant step forward for institutional crypto adoption in the region.

Hex Trust has been granted a full Virtual Asset Service Provider (VASP) license by VARA in Dubai 🇦🇪, becoming one of the first few virtual asset companies to receive this authorization. The company announced today that Dubai’s Virtual Assets Regulatory Authority granted the full license, allowing it to offer crypto custodial services to institutional clients. Institutional-grade crypto custodian Hex Trust has obtained a full operating license from Dubai's Virtual Assets Regulatory Authority (VARA), the company announced.

This license allows Hex Trust to provide its comprehensive suite of digital asset custody solutions to institutions operating within Dubai's burgeoning virtual asset ecosystem. Institutional-grade crypto custodian Hex Trust has successfully obtained a full operating license from Dubai’s Virtual Assets Regulatory Authority (VARA), the firm announced. This full operating license from VARA positions Hex Trust as a key player in facilitating the secure and compliant adoption of cryptocurrencies by institutions in Dubai and beyond. The future of crypto custody in Dubai looks bright!