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

by Aurelia Butler 2 November 2022, 21:40 169 Views

Crypto tokens are understood to be any token besides the previously defined investment tokens, with the exception of utility tokens, nonfungible tokens, central bank digital currencies, privacy tokens and algorithmic tokens. Tokens must be recognized by the DFSA to be used in the DIFC, following an established application process. Stablecoins, or “fiat crypto tokens,” are subject to additional requirements.

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Source: Cryptocurrency - investing.com

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

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