Dubai’s Regulator Launches a Regulatory Sandbox for Crypto Companies
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Dubai financial regulators have opened registrations for crypto firms to join the nation’s first Tokenization Regulatory Sandbox from March 17 to April 24.
According to an official announcement, the initiative by the DFSA aims to help crypto firms explore tokenized investment products and services within a controlled environment at the Dubai International Financial Centre.
The sandbox provides a regulatory pathway for crypto firms, allowing them to progress from the experimentation stage to full authorization by the DFSA. This program will expand the Innovation Testing License to include tokenized investments.
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