Peas to control the machine economy in Dubai, Vara Agar

Unstructured physical infrastructure (connector) protocol has signed a memorandum of understanding from the Dubai Virtual Asset Registry Authority (VARA) to develop a control framework for Cohentin robotics and integrated machines called Atar.

According to Thursday's press release, the PK Machine Economic Free Zone includes guidelines for the licensing of Vara, joint training initiatives and joint incentives and data compensations to support research and regulations.

Launched in July, the Machine Economy Free Zone is a controlled environment to test how robotics and AI can work in the right networks.

PEAQ's co-sponsor of community land, Max Tucking, represents an important commitment to bring life to the economy in a remarkable way and allow people to fully participate, build and benefit from new economic sectors. “

Ater is the list-1 pool for the reward economy, a network that reflects the network of connected devices and robots, share data and earn money. It refers to and filters real-world properties.

VARA DUBI is a regulatory development agency for digital assets. In the year It was established in 2022 and oversees licensing, availability and policy.

The announcement comes from DMC, a Dubai government-sponsored goods and trade free zone from DMC, a Dubai government-sponsored goods and trade free zone from DDC. Created about a week with.

According to Varaye Matthew Way, the agency's aim is “Dubai's “Dubai Baking/Sustainability to secure and sustainable growth/growth/growth/growth/growth of this generation's wealth”.

Related: Singapore, UAE <በጣም የሚስጥራዊነት ተሰብስበዋል> They are countries

Dubai and the UAE CREPTO push

By taking control of the level 2022 regulation from March 2022, Russia and the wider Arab Emirates and the brave have helped transform digital assets and Boccachanin into one of the most innovative players.

In the year On May 19, Vara updated the virtual bookmakers (VASPS) operating in the country by explaining the creation and distribution of RWA. With the new rules, people have started to list RWAs and even on secondary markets.

In August, Vara and Yuna Securities and Commodity Authority established a strategic partnership to align their approach to managing digital assets. According to the agreement, Dubai-specific licenses will apply to the entire UN.

In the year On September 22, AUH launched the Agreement on the Competent Authority in Crypto-Property (CARFA) on the automatic sharing of tax information between member countries in crypto-assets (CARFA). The Ministry of Finance said that the framework will be implemented in 2027 with the first exchanges of information.

Dubai and the UAE's approach to digital assets is attractive to non-established, high-net-worth investors. Millionaires are moving there, and it is expected to move there in 2025.

Tsan Ergen, board member in the CREPTO investment company, a board member in five years, which will grow into the second largest industry in the Crespto sector.

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