According to the official UAE news agency WAM, the Dubai International Financial Centre (DIFC) independent financial regulator, the Dubai Financial Services Authority (DFSA), has implemented an updated cryptocurrency regulatory framework. Under the new rules, the eligibility assessment for crypto tokens will shift from DFSA-led oversight to responsibility by the enterprises themselves. Relevant companies must determine whether a token meets DFSA standards in a well-founded, well-documented manner. The DFSA will no longer publish a “Recognized Crypto Tokens” list. The new framework also strengthens investor protection and further specifies the conduct, operational, and reporting requirements for related businesses such as trading, asset management, custody, and consulting.

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