Security Token Regulations Proposed By Dubai’s Financial Regulator
Last Updated: 10 April 2021
The Dubai financial watchdog, the Dubai Financial Services Authority (DFSA) has recently proposed a new policy framework. This framework will target the security tokens sector, one that has been growing rapidly for some time now. Through this framework, the watchdog plans on promoting security token growth, particularly those that have the potential to transform the financial services industry of the city at large.
New Proposal For The Public
Through the publishing of Consultation Paper Number 138, titled “Regulations of Security Tokens” on the 29th of March, 2021, the DFSA is calling for the public to participate in this consultation paper throughout the next 30 days. Within the document stands various provisions that relate to the public offering of security tokens, as well as their various admissions to trading facilities at large. Should this new legislation be implemented, d