Hex Trust Receives Virtual Asset License from Dubai - Coinleaks
Current Date:November 4, 2024

Hex Trust Receives Virtual Asset License from Dubai

digital asset protection company Hex Trust, DubaiFrom the Virtual Assets Regulatory Authority ( VARA) licensed.

Cryptocurrencies, which are developing and adopted day by day, have begun to enter the radar of countries. Blockchain and countries that work intensively on 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. Moreover South Korea made a city the center of studies in this field by clearing it of regulators. also on the European side MiCa work is carried out through The crash of the FTX exchange has concentrated the thought of regulation and supervision. Finally Hex Trust, from Dubaigot a license.

Hex Trust Passed Dubai Exam

Crypto and digital asset protection company Hex Trust, Minimum Viable Product from Dubai ( MVP) was licensed.

The digital asset company received MVP Thanks to its license, it will be able to handle its services in the country without any problems. This license will provide institutional 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.