Dubai: Dubai Financial Services Authority Approves New Crypto Tokens

UAE News developments

Dubai: Dubai Financial Services Authority Approves New Crypto Tokens

The Dubai Financial Services Authority has announced that it has approved two new crypto tokens.

They have issued a Notice to this effect in line with GEN Rule 3A.3.4 of the DFSA Rulebook.

They have approved Toncoin (TON) and Ripple (XRP).

The recognition comes into force immediately and remains in force until further notice.

The Notice should be construed in line with GEN section 6.2 as if they are provisions of the Rulebook.

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Tanya Jain