Animoca Brands receives 'in-principle license' from Dubai's VARA to enter cryptocurrency brokerage sector

Animoca Brands is now entering the crypto brokerage space after receiving an in-principle approval from the Dubai Virtual Asset Regulatory Authority (VARA). The VARA website shows that Animoca Brands, operating under the name "Animoca Brands Middle East Advisory FZCO," received in-principle approval for a crypto broker-dealer (VASP) services license.