The Dubai Financial Services Authority (DFSA) has established a regulatory framework for investment tokens as part of its efforts to stimulate the digital financial and technological environment while also meeting market players' demands and requirements.
The DFSA is an independent regulatory body in Dubai that is in charge of monitoring and regulating financial services companies wanting to operate there. It also licenses and regulates their products and services.
According to a report by Emirates news agency WAM, the DFSA's regulatory framework defines investment tokens as either "a Security Token or Derivative Token."
The report notes that the creation of a new regulatory structure is the first step in DFSA's Digital Assets Regime, which
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