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Circle Secures In-Principle Approval in Abu Dhabi Amid NYSE IPO Plans
Circle Secures In-Principle Approval in Abu Dhabi Amid NYSE IPO Plans
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Circle, the issuer of the USDC stablecoin, has obtained in-principle approval from Abu Dhabi’s Financial Services Regulatory Authority (FSRA). This marks a preliminary step toward securing a full Financial Services Permission (FSP), which would authorize Circle to operate as a regulated money services business in the UAE.
Concurrently, Circle has filed its Form S-1 registration with the U.S. SEC, advancing its bid for a New York Stock Exchange listing under the ticker "CRCL." The dual regulatory progress underscores Circle’s strategic expansion into global markets while reinforcing its compliance framework.
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