Animoca Brands has received a license from Dubai’s Virtual Asset Regulatory Authority (VARA), allowing them to legally offer cryptocurrency services in the region.
Animoca Brands announced on February 16, 2026, that it has been granted a license to operate as a Virtual Asset Service Provider (VASP) in Dubai by the city’s Virtual Assets Regulatory Authority (VARA). This license allows Animoca Brands to offer virtual asset brokerage, management, and investment services in Dubai, excluding the Dubai International Financial Centre. With this approval, the company can begin serving global institutional and qualified investors from its Dubai headquarters, all within VARA’s regulatory guidelines.
Animoca Brands has secured a license to operate as a Virtual Asset Service Provider (VASP) in the Middle East, specifically to offer regulated digital asset services and investments from Dubai. This will support the growth of their existing platforms like Moca Network, Open Campus, Anichess, and The Sandbox. Animoca Brands currently oversees a collection of over 600 companies and digital assets. Omar Elassar, Managing Director for the Middle East and Head of Global Strategic Partnerships at Animoca Brands, stated that receiving the VASP license is a significant achievement for the company.
🧭 FAQs
Here’s a breakdown of Animoca Brands’ VARA VASP License:
What does the license allow Animoca Brands to do? It enables them to offer virtual asset broker-dealer services and virtual asset management/investment services from Dubai (outside of the DIFC area).
When was the license announced and where will Animoca Brands operate? The license was announced on February 16, 2026, and covers operations within and from Dubai.
Who can Animoca Brands work with under this license? They can serve institutional and qualified investors globally through their Dubai operations.
Who granted the license and when was the regulator created? VARA granted the license. VARA was established in 2022 under Dubai Law No. 4 of 2022.
Read More
- BTC PREDICTION. BTC cryptocurrency
- EUR USD PREDICTION
- Gold Rate Forecast
- USD VND PREDICTION
- USD MYR PREDICTION
- EUR JPY PREDICTION
- GBP EUR PREDICTION
- EUR ILS PREDICTION
- Silver Rate Forecast
- USD TRY PREDICTION
2026-02-16 13:49