Animoca Brands clears major regulatory hurdle with new Dubai license

4 weeks ago

Animoca said the licence allows it to commence operations successful Dubai, offering broker-dealer services and integer plus absorption and investments.

Feb 16, 2026, 11:37 a.m.

Digital plus task superior institution Animoca Brands has won regulatory support successful Dubai.

Animoca has been granted a Virtual Asset Service Provider (VASP) licence from the Emirate's regulatory authorization for the integer plus industry, the steadfast announced via email connected Monday.

The Hong Kong-headquartered company, which won in-principle support arsenic a regulated money manager successful Abu Dhabi successful November, said the licence allows it to commence operations successful Dubai, offering broker-dealer services and integer plus absorption and investments.

Dubai established its Virtual Assets Regulatory Authority (VARA) successful 2022 to oversee the licensing and cognition of cryptocurrency and crypto-adjacent companies, and has since been cardinal to the Emirate's maturation into a integer plus hub. Prominent exchanges specified arsenic Binance and OKX person besides won regulatory support there.

Animoca, which filed to list connected the Nasdaq successful the U.S. done a reverse merger precocious past year, manages a portfolio of implicit 600 blockchain investments and offers organization services specified arsenic crypto treasury absorption and integer plus infrastructure.

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The Payments Institution license, gained successful Malta, aligns the speech with European Union regulatory requirements that instrumentality effect successful March 2026.

What to know:

  • The payments instauration (PI) licence brings OKX into compliance with the Markets successful Crypto-Assets (MiCA) regularisation and the Second Payment Services Directive (PSD2).
  • Crypto firms conducting payments with stablecoins, which are legally classified arsenic physics wealth tokens (EMTs), indispensable clasp a PI oregon physics wealth instauration (EMI) authorization.
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