Dubai Financial Services Authority Updates Regulatory Framework for Crypto Tokens

Dubai’s financial regulator, the DFSA, has made changes to its crypto token rules in order to enhance the regulatory environment for crypto tokens in the DIFC. The amendments cover various areas including investment, custody, compliance with financial crime regulations, and recognition criteria for stablecoins. The updates align with market developments and international standards, and the DFSA emphasizes responsible innovation and regulatory compliance.

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