Dubai's DFSA has declared privacy-focused tokens incompatible with global compliance and is shifting to a firm-led token suitability framework while defining clearer stablecoin categories. The move explicitly flags tokens such as DASH, XMR and ZEC and raises compliance obligations for local crypto firms.
The Dubai Financial Services Authority has removed token-by-token approvals and now permits the use of all crypto tokens within the Dubai International Financial Centre, a move announced Dec. 17, 2025 to simplify the region's digital asset rules.