HashKey Middle East has launched perpetual derivatives for Bitcoin and Ethereum following regulatory approval from Dubai's Virtual Assets Regulatory Authority (VARA).
The new products enable traders in the United Arab Emirates to access regulated BTC and ETH perpetual contracts without expiration dates.
HashKey MENA FZE, the group's regional entity, is officially registered with VARA, confirming its licensed status under Dubai's virtual assets framework.
VARA’s role includes licensing and overseeing virtual asset service providers within Dubai, ensuring that HashKey’s offerings operate under a supervised regime rather than an unregulated environment.
This regulatory backing is key for derivatives that involve use and settlement risks, providing users with a structured trading framework and enhancing market trust.
Perpetual contracts track the price of an asset continuously, allowing traders to hold positions indefinitely. HashKey provides a detailed first-trade guide to assist new users with the process.
By focusing on Bitcoin and Ethereum, HashKey targets the two leading cryptocurrencies by market capitalization, aligning its derivatives with widely recognized benchmark tokens.
The launch expands regional access to regulated crypto derivatives amid growing demand for compliant trading venues.
UK parliamentary digital assets group launches inquiry into crypto banking access is a related recent development in regulatory oversight.
This material is for informational purposes only and does not constitute financial advice.
