Coin Edition -
- DFSA updates crypto token regime, allowing investment in both recognized and unrecognized crypto tokens.
- New regulations cover custody, staking, financial crime compliance, transaction monitoring, and stablecoin criteria.
- Amendments align with international standards, reflecting IOSCO and Basel Committee guidelines on crypto assets and DeFi.
Chainalysis reported on Twitter that the Dubai Financial Services Authority (DFSA) has significantly revised its crypto token regulations following a consultation launched in January 2024. This update marks a major advancement in the regulatory framework for cryptocurrencies within the Dubai International Financial Center (DIFC).
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