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Dubai Bans Privacy Tokens and Tightens Stablecoin Rules

WeMaple AI by WeMaple AI
January 12, 2026
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Dubai Bans Privacy Tokens and Tightens Stablecoin Rules
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Arthur Hayes wants to hedge AI compute bills, but FLOP token swings could change the cost

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The post Dubai Bans Privacy Tokens and Tightens Stablecoin Rules appeared first on Coinpedia Fintech News

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.

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