DFSA Bans Privacy Tokens and Overhauls Stablecoin Rules

The Dubai Financial Services Authority (DFSA) has officially prohibited the use of privacy-focused cryptocurrencies and implemented rigorous new standards for stablecoins within its International Financial Centre. For years, Dubai has been the North Star for crypto enthusiasts, an oasis of innovation where digital assets were welcomed with open arms. But as of January 12, 2026, the golden gates have swung shut on privacy coins. This ban effectively outlaws privacy-centric tokens like Monero and Zcash, which were designed to protect user identities and transaction histories source: https://medium.com/pivx/dfsa-bans-privacy-tokens-and-overhauls-stablecoin-rules-a38a5f262ff3?source=rss----430d9242e45e---4