Hashvalue Becomes Middle East’s First Licensed Cloud Mining Platform for Virtual Assets in October

Hashvalue announced it had officially secured a Virtual Asset Service Provider (VASP) license from a Middle Eastern financial regulatory authority, becoming the first cloud mining platform in the region to obtain full approval to operate under a formal crypto asset framework.

This regulatory breakthrough marks a defining moment for digital infrastructure development across the Gulf region and further establishes Hashvalue as a compliance-first platform committed to transparent, regulated access to decentralized yield mechanisms.

The license authorizes Hashvalue to offer cloud mining, mining-backed digital yield products, and validator delegation services within the designated jurisdiction, subject to stringent Know Your Customer (KYC), Anti-Money Laundering (AML), and operational transparency standards.

Hashvalue confirmed the licensing process involved rigorous audits of its smart contract structures, operational node architecture, revenue sharing mechanics, and risk control systems. It also includes continuous post-approval surveillance and quarterly compliance reporting.

The platform has now established a localized operations entity with a regional support hub to handle user onboarding, regulatory interfacing, and infrastructure management. Additional regional languages and fiat integration modules are under development to enhance accessibility.

Hashvalue emphasized the long-term importance of regulatory interoperability. “Clear rules create room for credible innovation. This license shows that decentralized mining ecosystems can be built within compliant, government-sanctioned frameworks,” said the leadership team.

The newly licensed operation will support smart contract-based issuance of cloud mining contracts, staking hybrid bundles, and ESG-screened validator reward flows. Platform users will see a new “Licensed Node Zone” indicator on applicable pools.

Initial activation targets include onboarding over 28,000 regional users in the first quarter and expanding operational capacity in neighboring countries aligned with collaborative licensing frameworks.

Analysts note the approval could trigger broader regulatory clarity across the Middle East. “Hashvalue’s license reflects regional interest in digital infrastructure that balances innovation with financial and energy oversight. It’s a precedent-setter.”

Looking forward, Hashvalue plans to publish its first “Regulated Mining Impact Report” in the licensed territory, covering carbon-neutral node metrics, reward distribution consistency, and localized policy cooperation metrics.