迪拜金融服务局已推出了代币化监管沙箱，以支持在迪拜国际金融中心内开发令牌化投资产品的公司。

迪拜金融服务局（DFSA）宣布启动其象征性监管沙箱，这是一项新计划，旨在支持探索迪拜国际金融中心（DIFC）中的令牌化投资产品和服务的公司。

The Dubai Financial Services Authority (DFSA) has announced the launch of its Tokenisation Regulatory Sandbox to support firms exploring tokenized investment products and services within the Dubai International Financial Centre (DIFC).

迪拜金融服务局（DFSA）宣布了启动其令牌监管沙箱，以支持探索迪拜国际金融中心（DIFC）中的标记投资产品和服务的公司。

The initiative marks a significant step in the DFSA’s overarching strategy to promote responsible innovation in the financial services sector.

该计划标志着DFSA的总体战略迈出了重要一步，以促进金融服务部门负责任的创新。

The sandbox will operate in two phases: Expression of Interest and Innovation Testing Licence (ITL) Tokenisation Cohort.

沙箱将分为两个阶段：表达兴趣和创新测试许可证（ITL）象征性队列。

The Expression of Interest period, beginning on March 17, 2025, allows firms to signal their intent to participate in the sandbox. Firms can apply for the ITL Tokenisation Cohort, focusing on tokenized investment products such as equities, bonds, and fund units.

从2025年3月17日开始的利息期的表达允许企业发出信号参与沙箱的意图。企业可以申请ITL令牌同类群体，重点关注股票，债券和筹款单位等令牌化投资产品。

This could include issuance, trading, or any other activity within the DIFC related to these instruments. Existing authorized firms in the DIFC can also apply to expand their business into tokenization.

这可能包括与这些工具有关的DIFC中的发行，交易或任何其他活动。 DIFC中的现有授权公司也可以应用于将其业务扩展到令牌化中。

However, crypto and so-called fiat crypto tokens are excluded from the scope of this initiative.

但是，该计划的范围不包括加密和所谓的菲亚特加密代币。

Interested firms are encouraged to submit their applications for the Expression of Interest phase between March 17, 2025, and April 24, 24, 2025. No application fee is applicable.

鼓励有兴趣的公司在2025年3月17日至2025年4月24日之间提交其申请，以表达兴趣阶段。不适用申请费。

Successful applicants will then be invited to join the ITL Tokenisation Cohort.

然后，将邀请成功的申请人加入ITL象征化队列。

Some of the benefits of participating in the ITL cohort include:

参加ITL队列的一些好处包括：

* Commencing their activity in the DIFC earlier than under a full license.

*比完整许可之前，在DIFC中开始活动。

* Receiving close regulatory guidance from the DFSA throughout the testing period.

*在整个测试期间，都从DFSA获得密切的监管指导。

* Setting up and testing their business model and technology in a controlled manner in a live market environment.

*在实时市场环境中以受控方式建立和测试其业务模型和技术。

* Having the opportunity to transition to a full DFSA license if they meet the required standards and customer feedback is positive.

*如果符合所需的标准和客户反馈是积极的，有机会过渡到完整的DFSA许可证。

This sandbox aims to provide greater clarity on tokenization rules within the DIFC and ultimately facilitate the development of new and innovative financial products that can benefit both consumers and the wider economy.

该沙箱旨在为DIFC内的令牌化规则提供更明确的清晰度，并最终促进可以使消费者和更广泛经济有益的新创新金融产品的发展。