[Dubai Financial Services Authority Releases FAQ Document on Crypto Token Regulatory Framework, Clarifying Conditions for Regulated Entities to Use Crypto Tokens] Odaily Planet Daily News – The Dubai Financial Services Authority (DFSA) has released an updated regulatory framework for crypto tokens, allowing entities regulated by the DFSA to independently choose which crypto tokens to use without needing to apply for approval from the DFSA. This update will take effect on January 1, 2026. The FAQ document explicitly states that crypto tokens include tokens used as a medium for payment or investment transactions but exclude NFTs, utility tokens, or investment tokens such as security tokens and stablecoins. Stablecoins can only be used for payments by asset management companies. Financial service companies licensed by the DFSA can offer products related to crypto tokens if they adhere to the crypto token framework and meet relevant requirements (e.g., conducting suitability assessments under GEN Rule 3A.2.1). The suitability of crypto tokens can be evaluated based on several criteria, such as their characteristics, including their use, governance arrangements, and founders. Additionally, the regulatory status of crypto tokens in other jurisdictions, including whether they have been assessed or approved for use by financial service regulators, as well as the global market size, liquidity, and trading history of the crypto tokens, are considered. Lastly, the technology associated with crypto tokens and whether their use would hinder individuals from complying with laws overseen by the Dubai Financial Services Authority (DFSA) are also factors to be evaluated. (Cryptopolitan)