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VARA Grants Crypto License To Web3 Launchpad

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VARA Grants Crypto License To Web3 Launchpad

Dubai’s Virtual Assets Regulatory Authority (VARA) has granted Enjinstarter’s AYA platform a conditional license to conduct virtual asset management and investing services. This recent step, announced on December 11, enables AYA to provide crypto asset and investment services, marking a significant step forward in the region’s acceptance of blockchain technology and digital assets.

Enjinstarter is a cutting-edge ecosystem and launchpad dedicated to nurturing and accelerating forward-thinking ideas in Web3 gaming, artificial intelligence, entertainment, environmental efforts, and metaverse advances. 

Enjinstarter announced AYA, a climate-focused launchpad arm of the Web3 launchpad and advising organization, in October 2023, marking an important milestone. 

(With inputs from Shikha Singh)

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