framework

DFSA Crypto Token Regulatory Regime

Issuing bodyDFSA
CountryUAE
RegionDIFC
crypto assetsfinancial regulationlicensing

This DFSA document outlines the regulatory framework for Crypto Tokens within the Dubai International Financial Centre (DIFC). It details the criteria for recognizing Crypto Tokens, including Fiat Crypto Tokens, and the process for obtaining DFSA recognition. The regime aims to foster innovation while addressing risks like money laundering and consumer protection.

Key requirements
  • Crypto Tokens must be recognized by the DFSA to be used in the DIFC (with limited exceptions).
  • Fiat Crypto Tokens must maintain a stable price relative to the reference fiat currency.
  • Entities seeking Crypto Token recognition must submit an application to the DFSA and pay a fee of USD 5,000.
Applies to: Firms in the Dubai International Financial Centre (DIFC) seeking to provide financial services with Crypto Tokens.
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