Dubai awards conditional crypto license to climate-friendly Web3 firm

Dubai’s Virtual Assets Regulatory Authority (VARA) granted a conditional license to Enjinstarter’s AYA platform for offering crypto asset and investment services. 

On Dec. 11, the Dubai arm of Web3 launchpad and advisory firm Enjinstarter received a crypto license subject to fulfilling certain conditions before the commencement of services. After meeting all the requirements of the Dubai regulator VARA, the platform will be subject to regulatory re-verification and approval. The announcement read:

“The license remains non-operational until the company fully satisfies all remaining conditions and select localization requirements defined by VARA.”

Enjinstarter has not yet responded…

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