The Dubai Financial Services Authority published consultation paper 'Updates on the Regulation of Crypto Tokens'.
The consultation seeks public comment on proposals for amendments to the regulatory regime for persons wishing to provide financial services activities in respect of crypto tokens. The development of these proposals is based on the DFSA's "supervisory experience, recent market events and recommendations from international standard setters."
The proposals in the consultation relate only to crypto tokens and do not cover rgulation of investment tokens.
The deadline for comments is 4 March 2024.