迪拜金融服務局（DFSA）推出了象徵性的沙箱

迪拜金融服務局（DFSA）引入了象徵性的沙箱，並在今年4月24日之前接受了興趣表達。

The Dubai Financial Services Authority (DFSA) has opened a tokenisation sandbox, accepting expressions of interest until April 24.

迪拜金融服務局（DFSA）已經開設了一個令牌沙箱，直到4月24日，就接受了感興趣的表達。

As the regulator for the Dubai International Finance Centre (DIFC), the DFSA’s sandbox aims at firms involved in the issuance, trading, holding or settlement of tokenised assets. However, this excludes cryptocurrencies and stablecoins.

作為迪拜國際金融中心（DIFC）的監管機構，DFSA的沙箱針對參與發行，交易，持有或結算的公司的公司。但是，這不包括加密貨幣和穩定幣。

Instead, the sandbox focuses on financial instruments that mirror conventional securities, such as equities, bonds, sukuk and collective investment fund units.

取而代之的是，沙盒專注於反映常規證券的金融工具，例如股票，債券，Sukuk和集體投資基金單位。

Companies, whether already DIFC-regulated or not, can receive an Innovation Testing License (ITL) valid for six to twelve months, relaxing certain regulatory requirements while the firm conducts live market testing. This helps participants clarify tokenisation requirements within the DIFC.

公司，無論是否已經受到固定，都可以獲得六到十二個月的創新測試許可（ITL），在公司進行實時市場測試時放鬆某些監管要求。這有助於參與者闡明DIFC內的象徵性要求。

These relaxations are assessed on a case-by-case basis, and once the ITL period concludes, the entity will either be granted a full DIFC license or see the ITL terminated.

這些放鬆是根據具體情況進行評估的，一旦ITL時期得出結論，該實體將獲得完整的DIFC許可證，或者看到ITL終止。

Tokenisation rules were introduced in the DIFC in 2021. While these regulations enable consumer trading without intermediaries, access remains permissioned and must adhere to additional requirements, such as reporting custody arrangements and undergoing technology audits, compared to conventional securities.

DIFC在2021年引入了令牌規則。儘管這些法規可以在沒有中介機構的情況下進行消費者交易，但仍允許訪問權限，並且必須遵守其他要求，例如與常規證券相比，報告保管安排和進行技術審核。

In Dubai, Tokenised real estate is projected to account for 7% of the city’s total property transactions, potentially reaching 60 billion dirhams (AU$25B) by 2033. This move aligns with the rising popularity of tokenised RWAs.

在迪拜，標記房地產預計將佔該市總財產交易的7％，到2033年，可能會達到600億迪拉姆（AU $ 25B）。此舉與標記RWAS的普及程度不斷增長。

Polygon’s CEO recently highlighted how tokenisation could eliminate some of the barriers for property investors worldwide, starting with one major issue hindering real estate growth: liquidity.

Polygon的首席執行官最近強調了Tokenitation如何消除全球房地產投資者的一些障礙，從一項主要問題阻礙了房地產增長：流動性。