Dubai cryptocurrency regulator launches initial Metaverse headquarters in sandbox
Aug 24, 2022
Dubai's newly established Virtual Assets Regulatory Authority (VARA) has officially begun work on its metaverse presence. Having partnered with metaverse player The Sandbox, VARA has disclosed plans of creating a virtual headquarter in the digital world. This VARA office in The Sandbox has been named ‘MetaHQ'. With this launch, VARA is aiming at driving Web3 adoption further on a global level. As of now, the Dubai authority has not disclosed many details about the MetaHQ. Its location in The Sandbox world also remains unknown at present.
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