DFSA Shifts Crypto Token Responsibility to Firms

[tradelikepro]

Dubai Financial Services Authority has overhauled its Crypto Token Regulatory Framework, moving responsibility for token suitability assessments from the regulator to licensed firms operating in the Dubai International Financial Centre. The updated rules took effect Monday and mark a significant change in how crypto oversight works inside the DIFC.

Under the new approach, companies offering crypto-related financial services must determine whether the tokens they engage with meet DFSA standards. The regulator will no longer maintain or publish a list of recognized crypto tokens, signaling a shift toward a more principles-based and flexible regulatory model.

[johnblockbuster]

stablecoins getting embraced while everything else stays in regulatory limbo