Stablecoin News: USDC Issuer Circle (CRCL) Gets Abu Dhabi License in Middle East Expansion
Circle (CRCL), the firm behind the $78 billion stablecoin USDC$0.9998, said on Tuesday it has secured a Financial Services Permission (FSP) license from Abu Dhabi Global Market (ADGM), giving the company a formal foothold into the United Arab Emirates’ regulated crypto ecosystem. The license, issued by ADGM’s Financial Services Regulatory Authority (FSRA), allows Circle to...
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