The Dubai Financial Services Authority (DFSA), the independent regulatory body for banking, financial, and market activities in the Dubai International Financial Centre (DIFC), announced on Monday that the updated regulatory framework for crypto-assets in DIFC has come into effect. These enhanced rules aim to strengthen the DFSA's regulatory system, provide greater clarity to market participants, and contribute to the development of a safe, transparent, and robustly regulated digital environment. The launch of this new framework is designed to enhance investor protection by basing company evaluations on well-documented principles, strengthen the guarantees provided to investors, refine operational and behavioral requirements, and impose appropriate disclosure obligations.
