Regulatory Alerts2022-11-01
Notice of Initial List of Recognised Crypto Tokens
The Dubai Financial Services Authority (DFSA) has officially recognized Bitcoin, Ethereum, and Litecoin as compliant crypto tokens under GEN Rule 3A.4.1 of its Rulebook. This initial list takes effect on 1 November 2022 and remains valid until further notice, with all provisions construed according to the DFSA's standard glossary. Regulated firms may now utilize these three digital assets for compliance, eliminating the need for case-by-case token approvals.
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