According to Foresight News, digital asset custodian Hex Trust has obtained a full operating license from the Dubai Virtual Asset Regulatory Authority (VARA). The license is the final approval in VARA's regulatory framework for crypto service providers, which came into effect earlier this year. Hex Trust received a minimum viable product (MVP) operating license from the regulator in February, and the completion of the licensing process allows the company to continue providing cryptocurrency custody services to institutional clients and qualified investors in Dubai.