Hex Belief, a completely licensed and insured supplier of bank-grade custody and related companies for crypto-assets in Asia, introduced as we speak it has obtained provisional approval from the Authorities of Dubai’s Digital Belongings Regulatory Authority (VARA) to obtain a Digital Asset MVP License.
Consequently, Hex Belief is enabling secure market adoption to speed up the event of the digital asset and blockchain business within the area. Hex Belief is opening an workplace in Dubai which will probably be used as its regional headquarters within the Center East.
Dubai has shortly risen as a worldwide crypto hub after the UAE established VARA lower than three months in the past to grant licenses to crypto companies seeking to arrange in Dubai. Over the previous couple of months, we’ve seen companies reminiscent of Crypto.com and Bybit, Kraken and Binance all set up places of work or obtain licenses within the UAE.
At present, Hex Belief is making use of for a license with Dubai’s Digital Belongings Regulatory Authority (VARA) to offer companies to institutional shoppers and traders. Hex Belief’s Dubai workplace will probably be run by Filippo Buzzi, who has over 14 years of expertise in blockchain, tax, and company consulting.
After closing its latest USD $88M Sequence B, Hex Belief is now increasing to the Center East and Europe
