Dubai Financial Services Authority

Consultation Paper No 168 – Enhancements to the Regulation of Crypto Tokens

CP168 proposed shifting from a DFSA-maintained list of Recognised Crypto Tokens to a firm-led suitability assessment model, requiring firms to independently and continuously assess whether each crypto token is suitable for its intended use. This became the basis for rule amendments finalised in December 2025.

What firms should do

Yes — prepare to conduct and document own crypto token suitability assessments

Regulator: Dubai Financial Services Authority
Type: Consultation Paper
Status: Consultation Closed
Published: 1 Oct 2025
Consultation closes: 31 Oct 2025
Reference: CP No. 168
Topic: Digital Assets
Impact: High

Read it on the regulator's website

Found automatically on the regulator's website and summarised by AI by Arakan Lexara. Not legal advice; check the official source before relying on it.

Arakan Lexara Weekly

Get the week's UAE regulatory changes every Monday.

Key developments, what firms are asked to do and the deadlines ahead. Free.

Consultation Paper No 168 – Enhancements to the Regulation of Crypto Tokens

More from the Dubai Financial Services Authority

The DFSA fines Moody’s Investors Service Middle East Limited USD 585,825 for data confidentiality breaches

The DFSA fines Gary Joseph Peters USD 210,000 for misleading the DFSA and failing to produce documents

Conduct of Business Module (COB) Rule-making Instrument (No. 444) 2026

WAIVER AND MODIFICATION NOTICE To Evolution Markets Limited (DIFC Branch)

Glossary Module (GLO) Rule-making Instrument (No. 446) 2026

Islamic Finance Rules (IFR) Rule-making Instrument (No. 445) 2026