Abu Dhabi

Circle secures USDC regulatory nod in Abu Dhabi, enters tech ecosystem

Circle secures USDC regulatory nod in Abu Dhabi, enters tech ecosystem

Leave a Comment / Abu Dhabi, circle, Partnerships, Regulation, Stablecoins, Technology, uae, USDC /

Circle, the issuer of the USDC stablecoin, has secured initial approval from the Financial Services Regulatory Authority (FSRA) in Abu Dhabi. The approval, announced on April 29, allows Circle to move closer to receiving a full Financial Services Permission (FSP) to operate within the Abu Dhabi Global Market (ADGM). This progress comes just months after Circle’s […]

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Circle Secures Abu Dhabi Approval Amid Global Expansion

Circle Secures Abu Dhabi Approval Amid Global Expansion

Leave a Comment / Abu Dhabi, Cryptocurrency News, News, Stablecoin /

Key Notes USDC parent company Circle can now operate as a money services provider in Abu Dhabi. The company is not yet fully licensed to operate but is considered compliant with existing regulations. Its expansion in the UAE also features an earlier approval from the Dubai Financial Services Authority (DFSA). . Circle Internet Financial, the

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Abu Dhabi’s Financial Titans Step Up Crypto Push With Stablecoin Project

Abu Dhabi’s Financial Titans Step Up Crypto Push With Stablecoin Project

Leave a Comment / Abu Dhabi, Blockchain News, Stablecoin /

Abu Dhabi is stepping up its ambitions in the digital asset space, with three of its largest institutions joining forces to launch a new dirham-backed stablecoin. Sovereign wealth fund ADQ, conglomerate International Holding Company (IHC) and First Abu Dhabi Bank (FAB) announced on Monday that they are developing a digital token that will be subject

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