Dubai Updates Crypto Token Regulatory Framework

Dubai's Financial Services Authority (DFSA) has updated its regulatory framework for crypto tokens, effective January 2026. According to PANews, the DFSA released a FAQ document on February 12, 2026, to assist businesses in understanding and implementing the new regulations. The framework allows entities within the Dubai International Financial Centre to select their crypto token partners without prior DFSA approval. The FAQ clarifies that the new regulations cover crypto tokens used for payment or investment purposes, excluding NFTs, utility tokens, security tokens, and stablecoins. Stablecoins are restricted to asset managers for payment purposes only. Companies offering crypto token-related products must adhere to the token regime and associated requirements. The suitability assessment criteria for tokens include their characteristics, regulatory status in other jurisdictions, global market size and liquidity, relevant technology, and potential compliance obstacles.