Dubai: Crypto Token Regime Comes into Force

United Arab Emirates News developments

Dubai: Crypto Token Regime Comes into Force

1 November 2022: The Dubai Financial Services Authority has announced that its Crypto Token regime has come into force to encourage responsible and transparent innovation while meeting regulatory requirements.

The regime addresses risks relating to consumer protection, market integrity, custody and financial resources for service providers. It also covers risks relating to trading, clearing, holding or transferring Crypto Tokens. 

Further information on the regime can be found here.

For the full story, click here.

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Benjamin Filaferro