Dubai Financial Services Authority launches tokenized regulatory sandbox

PANews March 19th news, according to Cryptoslate, the Dubai Financial Services Authority (DFSA) announced that it would invite companies to apply to join its tokenized regulatory sandbox, with the application deadline being April 24, 2025. DFSA is an independent agency responsible for overseeing the Dubai International Financial Centre (DIFC). In a March 17 announcement, DFSA said the sandbox program is designed to attract companies that want to provide tokenized investment products and services. The sandbox provides a controlled environment for businesses to test tokenized financial solutions under the supervision of regulators.

DFSA made it clear that eligible services include tokenized stocks, bonds, Islamic bonds and collective investment fund units. Whether it is an existing enterprise that has obtained DFSA authorization and wants to expand its tokenization business, or a new applicant who qualifies for the application, you can submit an application. After submitting the application, the company will enter the evaluation process. Successfully selected businesses will receive structured testing opportunities in the sandbox and receive tailor-made regulatory guidance. DFSA stressed that only companies with strong business models and solid compliance capabilities will be selected. The sandbox program is part of DFSA's wider innovative testing license program, aiming to help businesses improve their financial products and prepare for full authorization.