Crestal Network: The No‑Code Autonomous AI Agent Platform

Crestal Network: The No‑Code Autonomous AI Agent Platform

peaq and Dubai’s VARA signed an MoU to regulate the Machine Economy, including onchain robotics, DePIN (Decentralized Physical Infrastructure Networks), and tokenized machines. The agreement was formalized at GITEX GLOBAL 2025.

Key Ideas

  1. VARA acknowledges peaq’s Machine Economy Free Zone (MEFZ) as a regulatory sandbox and infrastructure hub in the UAE.

  2. peaq will provide data and regulatory recommendations to VARA and highlight industry challenges.

  3. peaq and VARA will guide projects building on peaq through the licensing process.

  4. Joint events and introductions to VARA will help applicants navigate compliance.

  5. Both parties will work to attract and educate professionals with technical and compliance expertise.

Why It Matters?

The agreement Facilitates compliant launches for Machine Economy projects in Dubai. It also strengthens Dubai’s position as a global hub for Web3, robotics and tokenized machine innovation as well as supports VARA’s Financial Sector Strategy and its goal to regulate virtual assets, with Dubai’s transaction volume reaching $680 billion.

Read more at: medium.com

2025-10-27


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