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Dubai financial regulator updates crypto token rules for funds
3.6.2024
The changes encompassed several areas, including the ability of both external and domestic funds to invest in crypto tokens
Dubai Financial Services Authority Adds XRP and Toncoin to List of Recognized Tokens
3.11.2023
The Dubai Financial Services Authority (DFSA) has expanded its recognition of digital assets, adding Ripple (XRP) and Toncoin (TON) to its list of officially recognized tokens. This development underscores the DFSA’s commitment to creating a conducive regulatory environment for digital...
Tickmill enters Dubai, obtains necessary permissions under DFSA
9.5.2023
Tickmill, a UK-based retail brokerage firm, has announced that it will soon be opening a new office in Emirates Financial Towers. This will enable Tickmill to give access to local traders to a variety of services like education and trading. A specific offering that is likely to catch the major...
Zenfinex receives DFSA license
30.11.2022
Zenfinex is now officially licensed in the MENA region, short for the Middle East and North Africa. According to recent developments, the FX and CFD broker has received a DFSA license, allowing it to expand its services to new regions. Zenfinex is now able to move forward with its expansion plan...
Regulator in UAE’s Special Economic Zone Unveils Consultation Paper on ‘Crypto Tokens’
10.3.2022
The regulatory arm of the United Arab Emirates (UAE)’s special economic zone, the Dubai International Financial Centre (DIFC), has unveiled a consultation paper outlining its proposed regulatory regime for crypto tokens. Changes to the Draft Legislation The Dubai Financial Services Authority...
Dubai Financial Watchdog to Release Consultation Papers for a Crypto Regulatory Framework
21.1.2021
The Dubai Financial Services Authority (DFSA) has unveiled its plans to create a regulatory framework for cryptocurrencies. The announcement was part of its 2021-2022 business agenda released this week. The Papers Will Be Released in the First Half of 2021 According to the watchdog, which regulates...