On 1 October 2025, the Dubai Financial Services Authority (“DFSA”) – the financial regulatory agency of the special economic zone, the Dubai International Financial Centre (“DIFC”) – published a consultation paper (CP 168) on proposed amendments to the regulatory regime for providing financial services in respect of Crypto Tokens. The changes will remodel the existing centralised regime of Recognised Crypto Tokens and will instead place responsibility on individual firms to monitor the…
By: King & Spalding
By: King & Spalding
