Dubai moves to regulate machine economy with DePIN peaq network

The partnership marks Dubai’s latest step toward regulating the “machine economy,” blending onchain robotics, AI and tokenized real-world assets.

Peaq, a layer-1 blockchain for decentralized physical infrastructure, has signed a memorandum of understanding with Dubai’s Virtual Assets Regulatory Authority (VARA) to develop a regulatory framework for onchain robotics and tokenized machines.

According to a Thursday press release, the memorandum centers on peaq’s Machine Economy Free Zone, with additional areas of collaboration including guidance for projects seeking VARA licenses, joint training initiatives in technology and compliance, and data sharing to support research and regulation.

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

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