Dubai’s VARA and peaq Sign MoU to Regulate Machine Economy
Dubai’s Virtual Assets Regulatory Authority (VARA) and peaq, a company specializing in computer systems for the Machine Economy, signed a Memorandum of Understanding (MoU) at GITEX GLOBAL 2025. The agreement focuses on regulating on-chain robotics, Decentralized Physical Infrastructure Networks (DePIN), and tokenized machines.
Recognition of peaq’s Machine Economy Free Zone
Under the MoU, VARA officially recognizes peaq’s Machine Economy Free Zone (MEFZ) as a hub for developing real-world machine-based assets. VARA will support the free zone’s growth and development.
Both parties will collaborate on four main goals:
- Guiding companies seeking licenses
- Sharing key industry data
- Training new talent in Machine Economy technologies
- Supporting the expansion of the free zone
peaq will provide data and insights to help VARA shape industry regulations. VARA will assist projects in connecting with Dubai officials and obtaining necessary approvals.
Advancing the Digital Economy with Blockchain and Robotics
The MoU highlights the growing role of real-world machines as economic participants through blockchain technology. peaq recently launched the world’s first tokenized robo-farm in Hong Kong. It also introduced a Web3 and Robotics software development kit (SDK) to help developers build blockchain-connected machine applications.
This partnership aims to bring the Machine Economy to Dubai with clear legal frameworks and structured support.
Matthew White, CEO of VARA, said, “Dubai is committed to shaping the future of the digital economy by embracing emerging frontiers like the Machine Economy. Through this MoU with peaq, we are laying the groundwork for regulatory clarity in areas such as on-chain robotics, DePIN, and tokenized machines. By combining innovation with responsible oversight, we aim to position Dubai as the global benchmark for the safe and sustainable growth of this next-generation asset class.”
