Dubai's DIFC removes red tape for crypto registration in its financial center

Source Cryptopolitan

Dubai’s financial center regulator, the Dubai Financial Services Authority (DFSA) has changed its tune when it comes to crypto assets, from having to approve crypto tokens to be used at the Dubai International Financial Center (DIFC) to opening it up to all crypto tokens.

The new updated rule will come into force in early 2026, on January 12th 2026.

The new update opens up Dubai’s DIFC to more crypto assets

This is a departure from the crypto regime that DFSA introduced back in 2022, as it is now putting the responsibility on the firms that are involved in offering or utilizing crypto tokens.

The new regulation states, “Firms providing financial services involving crypto tokens are directly responsible for determining on a reasoned and documented basis, whether each crypto token they engage with meets the DFSA’s suitability criteria.”

In short, the DFSA will no longer prescribe a list of Recognized Crypto Tokens. There is no longer an application to recognize a crypto token.

Previously, the DIFC through the DFSA, had approved several crypto tokens. In 2023, TonCoin (TON) and Ripple’s XRP joined Bitcoin (BTC), Ethereum, and Litecoin as recognized crypto tokens by the Dubai Financial Services Authority (DFSA).

DIFC regulator licensed Ripple and approved stablecoins

This year, Dubai’s DIFC (Dubai International Financial Centre) officially approved Circle’s stablecoins USDC and EURC into its crypto token regime, allowing these stablecoins to be used by more than 600 entities in DIFC. It also licensed Ripple as a regulated blockchain-enabled payments provider within the financial center.

DFSA amended its crypto token regime in June 2025 as well. It opened crypto tokens to areas such as funds, custody and staking.

With the introduction of a larger number of crypto tokens in DIFC without the need for approvals, this will encourage these services on a wider front.

Of course, the change will be accompanied by safeguards for investors and reporting requirements, says the DIFC announcement. It notes, “For businesses operating or seeking to operate in the DIFC, this means a more transparent, predictable, and structured pathway for Crypto Token activities.”

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