by: xpoolPosted on:

Circle Receives In-Principle Approval to Operate as Money Services Provider in Abu Dhabi

Stablecoin issuer Circle has received in-principle approval from the Abu Dhabi Global Market’s Financial Services Regulatory Authority (ADGM) to operate as a money services provider within the region. This milestone signifies that Circle has met the necessary regulatory requirements to conduct business within ADGM, paving the way for future operational activities. However, full regulatory approval remains pending before operations can commence fully.

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