Hex Trust, a digital asset custodian that provides custody, DeFi, brokerage, and financing solutions for institutional clients, sophisticated investors, and corporations, has received a full operating license from Dubai's Virtual Assets Regulatory Authority (VARA). Hex Trust is one of the first digital asset custodians to receive a full operating license from VARA. The license is a testament to Hex Trust's commitment to compliance and its dedication to helping build the virtual asset ecosystem in Dubai. The issuance of the license is a significant development for the cryptocurrency industry in Dubai. The UAE has been one of the most progressive countries in the Middle East in terms of regulating cryptocurrencies.