DFSA begins engagement with firms on tokenisation sandbox
Khaleej Times
|June 17, 2025
The Dubai Financial Services Authority (DFSA) on Monday said it has begun engagement with firms selected for its Tokenisation Regulatory Sandbox in the next phase to test financial products and services under a controlled environment.
The regulator of the Dubai International Financial Centre (DIFC) will work with the firms selected for the Innovation Testing Licence to co-develop bespoke testing plans. Sandbox participants will begin trials within a controlled environment in the coming weeks. The outcomes from this cohort will help inform future regulatory policy and potential refinements to the DFSA’s evolving digital assets and broader innovation frameworks.
It received 96 expressions of interest from the UAE, the UK, the European Union, Canada, Singapore, and Hong Kong.
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