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Circle Receives In-Principle Approval from Abu Dhabi Regulator to Operate as a Money Services Provider

Circle Receives In-Principle Approval from Abu Dhabi Regulator to Operate as a Money Services Provider

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金色财经金色财经2025/04/29 09:20

April 29 news, according to TheBlock, the Financial Services Regulatory Authority of Abu Dhabi Global Market (ADGM) has granted in-principle approval to stablecoin issuer Circle, allowing it to operate as a money services provider. This move follows Circle's establishment of a new legal entity within ADGM in December 2024, aimed at expanding its global business presence in the Middle East and Africa regions.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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