Foresight News reports that at the TON Gateway 2024 conference held in Dubai, Ben El-Baz, Managing Director of licensed exchange HashKey Global, announced that HashKey Global has submitted a license application to the Dubai Virtual Assets Regulatory Authority (VARA) and will soon disclose the latest developments. The exchange is also advancing preparations for a European license. Ben stated that since launching six months ago, HashKey Global has benefited from rapid growth in its contract business, ranking 7th in the global exchange rankings on CoinGecko, making it one of the fastest-growing exchanges in the world.