Dubai’s DFSA adjusts crypto regulatory framework: responsibility for token suitability assessments delegated to licensed institutions.

The Dubai Financial Services Authority (DFSA) has implemented a major update to its regulatory framework for crypto tokens, shifting the responsibility for assessing the suitability of crypto tokens from the regulator to licensed companies operating in the Dubai International Financial Centre (DIFC). This update, following a consultation process launched in October 2025, reflects a shift in the regulator's approach since the introduction of the crypto token regime in 2022. Charlotte Robins, Managing Director of Policy and Legal at the DFSA, stated that these changes reflect a move towards a more flexible and principles-based model. Under the revised rules, which took effect on Monday, companies providing financial services involving crypto tokens must now determine for themselves whether the tokens they trade meet the DFSA's suitability criteria. As part of this change, the DFSA will no longer maintain or publish a list of approved crypto tokens, and the updated framework does not explicitly prohibit any particular category of digital assets. (Cointelegraph)