As Cointelegraph reported, the Dubai Financial Services Authority (DFSA) announced on Nov. 1 that its crypto token regime has come into force in the Dubai International Financial Center (DIFC) Special Economic Zone, with a transition period of six months. The new regime builds on the “Regulation of Investment Tokens” launched at the DIFC in October 2021. Tokens must follow the established application process to be licensed by the DFSA before they can be used in the DIFC, and stablecoins or fiat-to-crypto tokens need to meet additional requirements.