New ‘crypto token regime’ instituted at the Dubai International Financial Centre

[Google News Bot]

The Dubai Financial Services Authority (DFSA) announced Nov. 1 that its Crypto Token regime has come into force in the Dubai International Financial Centre (DIFC) special economic zone, with a six-month transition period. The new regime is the DFSA’s second round of regulations, building on the Regulation of Investment Tokens introduced at the DIFC in October 2021. The #DFSA has issued regulations on #CryptoTokens for clients wishing to make use of this new asset class. This broadens the range of virtual asset regimes available the Centre, building on the #InvestmentTokens regulations anno ...

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