迪拜金融服务局（DFSA）推出了象征性的沙箱

迪拜金融服务局（DFSA）引入了象征性的沙箱，并在今年4月24日之前接受了兴趣表达。

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

迪拜金融服务局（DFSA）已经开设了一个令牌沙箱，直到4月24日，就接受了感兴趣的表达。

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.

作为迪拜国际金融中心（DIFC）的监管机构，DFSA的沙箱针对参与发行，交易，持有或结算的公司的公司。但是，这不包括加密货币和稳定币。

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，沙盒专注于反映常规证券的金融工具，例如股票，债券，Sukuk和集体投资基金单位。

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，无论是否已经受到固定，都可以获得六到十二个月的创新测试许可（ITL），在公司进行实时市场测试时放松某些监管要求。这有助于参与者阐明DIFC内的象征性要求。

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.

这些放松是根据具体情况进行评估的，一旦ITL时期得出结论，该实体将获得完整的DIFC许可证，或者看到ITL终止。

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年引入了令牌规则。尽管这些法规可以在没有中介机构的情况下进行消费者交易，但仍允许访问权限，并且必须遵守其他要求，例如与常规证券相比，报告保管安排和进行技术审核。

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，标记房地产预计将占该市总财产交易的7％，到2033年，可能会达到600亿迪拉姆（AU $ 25B）。此举与标记RWAS的普及程度不断增长。

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的首席执行官最近强调了Tokenitation如何消除全球房地产投资者的一些障碍，从一项主要问题阻碍了房地产增长：流动性。