DIFC Eliminates Crypto Token Whitelist on January 12, 2026, Shifts Suitability Assessment to Licensed Firms

VARA-2.45%

According to the Dubai Financial Services Authority, on January 12, 2026, the DIFC’s updated crypto token regulatory framework eliminated its prescribed list of recognized tokens, shifting suitability assessment responsibility directly to licensed firms. Firms must now independently evaluate each token’s trading history, market capitalization, volatility, supply transparency, and blockchain resilience before engagement.

The UAE now has over 80 licensed digital asset providers supervised by five regulators, with VARA managing more than 600 pending applications. Federal Decree-Law No. 6 of 2025 mandates that all platforms serving UAE users without appropriate licenses cease operations by September 2026, with penalties reaching up to one billion dirhams for non-compliance.

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