Dubai Bans Privacy Tokens and Tightens Stablecoin Rules

Published by

Sohrab Khawas

January 12, 2026

Dubai Bans Privacy Tokens and Tightens Stablecoin Rules

The Dubai Financial Services Authority (DFSA) will ban privacy tokens, including Zcash and Monero, in the Dubai International Financial Centre (DIFC) from January 12, 2026, citing money laundering and sanctions evasion risks linked to anonymized transactions. Regulated firms will be prohibited from trading, holding, promoting, or using mixers and tumblers. Stablecoins will now be restricted to fiat-pegged assets backed by high-quality, liquid reserves able to meet redemption requirements under stress. Firms must self-assess token suitability using updated criteria, replacing previous approved lists to enhance compliance and investor protection.

Sohrab Khawas

Sohrab is a passionate cryptocurrency news writer with over five years of experience covering the industry. He keeps a keen interest in blockchain technology and its potential to revolutionize finance. Whether he's trading or writing, Sohrab always keeps his finger on the pulse of the crypto world, using his expertise to deliver informative and engaging articles that educate and inspire. When he's not analyzing the markets, Sohrab indulges in his hobbies of graphic design, minimal design or listening to his favorite hip-hop tunes.

Published by

Sohrab Khawas

Tags: Crypto news

January 12, 2026

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