Dubai Financial Services Authority Bans Privacy Tokens in DIFC, Restricts Stablecoins to Fiat-Backed Assets
Dubai Financial Services Authority banned privacy tokens in Dubai International Financial Centre effective January 12, 2026.
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3 stories · 13 Feb 2025 – 12 Jan 2026
Dubai Financial Services Authority banned privacy tokens in Dubai International Financial Centre effective January 12, 2026.
The European Union's DAC8 law took effect January 1, 2026, requiring custodial crypto platforms to report user identities, tax IDs, and transaction histories to national tax authorities.
Telegram’s disclosure of user data to law enforcement since 2018 has sparked concerns in the crypto community over privacy and decentralization.