Robots Gone Rogue? Dubai Steps In With Rules (Because of Course They Did) 🤖💥

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So, Dubai’s Virtual Assets Regulatory Authority (VARA) and some company called peaq-whose name suspiciously resembles a typo for “peach”-have signed a MoU at a tech conference in Dubai. Because nothing says “regulatory priority” like making sure your Roomba isn’t a tax evader. 🧼💸

🇦🇪 x peaq

Dubai’s official virtual asset regulator @varadubai formally recognizes peaq’s Machine Economy Free Zone in the Emirates

“The MoU is the first ever to focus on the Machine Economy, unlocking opportunities for peaq and apps built on peaq in the UAE” ⬇️…

– peaq (@peaq) October 16, 2025

Under the MoU, VARA has officially declared peaq’s “Machine Economy Free Zone” (MEFZ) a place where machines can… *exist*? And by “exist,” we mean “generate revenue while pretending they’re not plotting our doom.” 🤖📈

The collaboration’s four main goals? Helping companies get licenses (because robots need permits now), sharing data (presumably to train AI on Dubai’s favorite hummus recipes), nurturing talent (to answer the burning question: “How do you even *upskill* a toaster?”), and boosting the free zone. Because why not turn the UAE into the world’s first hub for sentient toasters? 🍞🌐

peaq will hand VARA data to “understand regulatory needs,” while VARA will help projects “connect with Dubai officials” (read: convince bureaucrats that blockchain isn’t witchcraft). The deal highlights how real-world machines are now “active economic players,” like that one time your printer demanded a raise. 🖨️💼

Matthew White, CEO of VARA, declared Dubai’s commitment to “shaping the future of the digital economy” by regulating on-chain robotics, DePIN, and tokenized machines. Translation: Dubai’s already penciling in its next tourism slogan: “Come for the Sun, Stay for the Tokenized Toaster Economy™.” ☀️🔌

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2025-10-16 23:44