Regulatory Alerts2023-04-27
Notice of Consultation Paper Release – DFSA Proposals on Money Services, Crypto Tokens and Crowdfunding
The Dubai Financial Services Authority issued Consultation Paper No. 150 to propose updated regulatory frameworks for money services, crypto tokens, and crowdfunding operations within the DIFC. The document outlines revised licensing criteria, compliance obligations, and operational guidelines specifically designed for digital asset providers and crowdfunding platforms. Stakeholders must submit written feedback by 26 May 2023 to influence the final regulatory amendments.
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27 Apr 2023, 02:45 pm
Notice of Consultation Paper Release
The DFSA has released the following for consultation:
Consultation Paper No. 150 – Proposals in Relation to Money Services, Crypto Tokens and Crowdfunding
The deadline for providing comments on this Consultation Paper is 26 May 2023 .
These papers can be viewed on the DFSA website or by clicking on the above links.
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