On November 1, the Dubai Financial Services Authority (DFSA) launched its “Crypto Token regime” in the Dubai International Financial Centre (DIFC), representing a significant milestone for the DFSA’s regulatory ambitions for the sector.
This builds on an existing set of requirements for “investment tokens” introduced in 2021, and positions the DIFC among a top tier of financial centres that boast a comprehensive set of rules governing the use of specific digital assets.