阿聯酋允許發行迪拉姆支持的穩定幣

阿拉伯聯合大公國中央銀行（CBUAE）董事會批准了一個新的穩定幣監管和許可系統。

The Central Bank of the United Arab Emirates (CBUAE) has approved a new regulatory framework for stablecoins, Kokila Alagh, founder of KARM Legal Consultants, told local media outlet Unlock Blockchain on March 8.

KARM Legal Consultants 創辦人 Kokila Alagh 於 3 月 8 日向當地媒體 Unlock Blockchain 表示，阿拉伯聯合大公國中央銀行 (CBUAE) 已批准新的穩定幣監管框架。

The new regulations, which were discussed during a meeting of the CBUAE board of directors in Abu Dhabi, cover the issuance, licensing, and supervision of dirham-backed payment tokens, Alagh said.

Alagh 表示，在阿布達比舉行的 CBUAE 董事會會議上討論的新規定涵蓋了迪拉姆支持的支付代幣的發行、許可和監管。

According to the legal expert, the regulations stipulate that these tokens must be pegged to the UAE dirham and cannot be linked to other currencies, digital assets, or algorithms. Furthermore, only dirham-backed tokens will be permitted for acceptance by merchants and service providers.

該法律專家表示，法規規定這些代幣必須與阿聯酋迪拉姆掛鉤，不能與其他貨幣、數位資產或演算法掛鉤。此外，只有迪拉姆支持的代幣才允許被商家和服務提供者接受。

While specific details of the meeting were not disclosed, the topics included key projects under the Financial Infrastructure Transformation (FIT) program, the report noted.

報告指出，雖然會議的具體細節並未揭露，但會議主題包括金融基礎設施轉型（FIT）計畫下的關鍵項目。

On February 13, the CBUAE announced plans to issue a central bank digital currency (CBDC) as part of the FIT initiative, which aims to enhance the efficiency and resilience of the financial sector in the UAE.

2 月 13 日，CBUAE 宣布計劃發行央行數位貨幣（CBDC），作為 FIT 計畫的一部分，旨在提高阿聯酋金融部門的效率和彈性。

The news follows the announcement by the Dubai Financial Services Authority (DFSA) this week of amendments to its cryptocurrency token regime to advance the regulatory framework for tokens within the special economic zone in the UAE.

先前，杜拜金融服務管理局（DFSA）本周宣布對其加密貨幣代幣制度進行修訂，以推動阿聯酋經濟特區內代幣的監管框架。

The DFSA has revised its crypto token regime to incorporate changes proposed in Consultation Paper 153, which was published in January 2024. The amendments address key areas such as the regulation of funds investing in crypto tokens and the recognition process for these tokens.

DFSA 修訂了其加密代幣制度，納入了 2024 年 1 月發布的第 153 號諮詢文件中提出的變更。

Among the notable amendments are those pertaining to the ability of external and foreign funds to offer units in recognized crypto tokens. Previously, the DFSA prohibited fund activities involving crypto tokens. However, feedback from fund and asset managers during the consultation period highlighted the overly stringent nature of the existing regulations.

其中值得注意的修訂包括與外部和外國基金提供認可加密代幣單位的能力有關的修訂。此前，DFSA 禁止涉及加密代幣的基金活動。然而，基金和資產管理公司在諮詢期間的回饋凸顯了現行法規過於嚴格的性質。

In response, the amendments now permit external and foreign qualified investor funds to offer units in recognized crypto tokens, subject to certain conditions. Domestic qualified investor funds are also permitted to invest in unrecognized tokens, up to a maximum exposure of 10% of the fund’s gross asset value (GAV). Until now, the DFSA had recognized only five crypto tokens: Bitcoin (BTC), Ether (ETH), Litecoin (LTC), XRP (XRP), and Toncoin (TON).

作為回應，修正案現在允許外部和外國合格投資者基金在符合某些條件的情況下提供認可的加密代幣單位。國內合格投資者基金也可以投資未認可的代幣，最高投資額不得超過基金總資產價值（GAV）的10%。到目前為止，DFSA 僅認可五種加密代幣：比特幣 (BTC)、以太幣 (ETH)、萊特幣 (LTC)、XRP (XRP) 和 Toncoin (TON)。

Previously, the application fee for each token recognition was $10,000, an amount that many firms, especially those seeking recognition for multiple tokens, found to be excessively high. Taking this feedback into account, the DFSA has reduced the fee to $5,000 and introduced additional recognition criteria for stablecoins, which are crypto tokens pegged to fiat currencies.

此前，每個代幣識別的申請費為 10,000 美元，許多公司，尤其是尋求多個代幣識別的公司，發現這個金額過高。考慮到這一反饋，DFSA 將費用降低至 5,000 美元，並引入了穩定幣（與法定貨幣掛鉤的加密代幣）的額外認可標準。

“These changes do not represent a more lenient regulatory stance by the DFSA,” the authority stated in the announcement. “Instead, they provide flexibility to recognize fiat-pegged crypto tokens issued in jurisdictions with comparable regulation.”

「這些變化並不代表 DFSA 採取更寬鬆的監管立場，」該機構在公告中表示。 “相反，它們提供了靈活性，可以識別在具有類似監管的司法管轄區發行的與法定掛鉤的加密代幣。”