Dubai DFSA Adjusts Crypto Regulatory Framework: Token Suitability Assessment Responsibility Delegated to Licensed Institutions

Odaily News: The Dubai Financial Services Authority (DFSA) has implemented a significant update to its crypto token regulatory framework, shifting the responsibility for assessing the suitability of crypto tokens from the regulator to licensed companies operating within the Dubai International Financial Centre (DIFC). This update follows a consultation process initiated in October 2025 and reflects an adjustment in the regulator's approach since the crypto token regime was launched in 2022. Charlotte Robins, Managing Director of Policy and Legal at the DFSA, stated that these changes reflect a shift towards a more flexible and principle-based model. According to the revised rules effective Monday, companies offering financial services involving crypto tokens must now determine for themselves whether the tokens they deal with meet the DFSA's suitability criteria. As part of this change, the DFSA will no longer maintain or publish a list of recognized crypto tokens. The updated framework does not explicitly prohibit any specific category of digital assets. (Cointelegraph)