Notice of Initial List of Recognised Crypto Tokens

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01 Nov 2022, 10:00 am

NOTICE OF INITIAL LIST OF RECOGNISED CRYPTO TOKENS

THE DFSA HEREBY GIVES NOTICE THAT :

In accordance with GEN Rule 3A.4.1 of the DFSA Rulebook, the following Crypto Tokens are recognised by the DFSA:

1. Bitcoin (BTC);

2. Ethereum (ETH); and

3. Litecoin (LTC).

EFFECTIVE PERIOD

This Notice comes into effect on 1 November 2022 and remains in effect until further notice.

INTERPRETATION

The provisions in this notice are to be construed in accordance with GEN section 6.2 as if these provisions are provisions of the Rulebook. Defined terms are identified in this notice by the capitalisation of the initial letter of a word or of each word in a phrase and are defined in the Glossary module. Unless the context otherwise requires, where capitalisation of the initial letter is not used, an expression has its natural meaning.

Peter Smith Managing Director, Head of Strategy, Policy and Risk

Dubai Financial Services Authority

DATE : 1 NOVEMBER 2022

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