Circle Gains Abu Dhabi Approval, Boosts USDC's Global Reach

Circle Gains Abu Dhabi Approval, Boosts USDC's Global Reach

Circle, the issuer of the USD Coin (USDC) stablecoin, has received in-principle approval from the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM), marking a significant step in its Middle East expansion strategy. This regulatory milestone positions Circle to obtain a full Financial Services Permission (FSP) license, which would authorize the company to operate as a regulated money services provider in the Unit...

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