Currencies36170
Market Cap$ 3.33T-0.17%
24h Spot Volume$ 65.97B+2.62%
DominanceBTC55.55%+0.72%ETH11.75%-2.50%
ETH Gas0.12 Gwei
/

Circle Wins Key Licence in Abu Dhabi as UAE Moves Ahead With Digital Finance Rules


by Coin Edition
for CoinEdition
Circle Wins Key Licence in Abu Dhabi as UAE Moves Ahead With Digital Finance Rules

Share:

  • Circle receives Financial Services Permission (FSP) from the Abu Dhabi Global Market (ADGM), authorizing it to operate as a regulated Money Services Provider.
  • Appoints Dr. Saeeda Jaffar, formerly Senior Vice President at Visa, as Managing Director for the Middle East and Africa to lead the expansion.
  • Bybit enters strategic partnership with Circle to deepen USDC liquidity and integrate with Circle’s institutional Arc network.

Circle Internet Group has received approval to operate as a money services provider in Abu Dhabi Global Market, giving the company a formal foothold in one of the region’s fastest-growing digital finance hubs. 

The licence comes as the United Arab Emirates continues to tighten rules around stablecoins and other digital tokens.

With this approval, Circle can expand payment and settlement products for banks, businesses and developers in th…

Read The Full Article Circle Wins Key Licence in Abu Dhabi as UAE Moves Ahead With Digital Finance Rules On Coin Edition.

Read the article at CoinEdition

In This News

Share:

In This News

Share:

Read More

Bitcoin Rebounds to $93K from Post-Fed Lows, but Altcoins Remain Under Pressure

Bitcoin Rebounds to $93K from Post-Fed Lows, but Altcoins Remain Under Pressure

Downward pressure on bitcoin is losing steam, with the market stabilizing but not yet...
U.S. CFTC Scraps Outdated Crypto Market Rules, Clearing Path for Modern Oversight

U.S. CFTC Scraps Outdated Crypto Market Rules, Clearing Path for Modern Oversight

Old guidance on digital assets has now been eliminated by the Commodity Futures Tradi...

Circle Wins Key Licence in Abu Dhabi as UAE Moves Ahead With Digital Finance Rules


by Coin Edition
for CoinEdition
Circle Wins Key Licence in Abu Dhabi as UAE Moves Ahead With Digital Finance Rules

Share:

  • Circle receives Financial Services Permission (FSP) from the Abu Dhabi Global Market (ADGM), authorizing it to operate as a regulated Money Services Provider.
  • Appoints Dr. Saeeda Jaffar, formerly Senior Vice President at Visa, as Managing Director for the Middle East and Africa to lead the expansion.
  • Bybit enters strategic partnership with Circle to deepen USDC liquidity and integrate with Circle’s institutional Arc network.

Circle Internet Group has received approval to operate as a money services provider in Abu Dhabi Global Market, giving the company a formal foothold in one of the region’s fastest-growing digital finance hubs. 

The licence comes as the United Arab Emirates continues to tighten rules around stablecoins and other digital tokens.

With this approval, Circle can expand payment and settlement products for banks, businesses and developers in th…

Read The Full Article Circle Wins Key Licence in Abu Dhabi as UAE Moves Ahead With Digital Finance Rules On Coin Edition.

Read the article at CoinEdition

In This News

Share:

In This News

Share:

Read More

Bitcoin Rebounds to $93K from Post-Fed Lows, but Altcoins Remain Under Pressure

Bitcoin Rebounds to $93K from Post-Fed Lows, but Altcoins Remain Under Pressure

Downward pressure on bitcoin is losing steam, with the market stabilizing but not yet...
U.S. CFTC Scraps Outdated Crypto Market Rules, Clearing Path for Modern Oversight

U.S. CFTC Scraps Outdated Crypto Market Rules, Clearing Path for Modern Oversight

Old guidance on digital assets has now been eliminated by the Commodity Futures Tradi...