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BTCC / BTCC Square / Global Cryptocurrency /
Stablecoin Issuer Circle Gains Abu Dhabi In-Principle Approval Amid Global Expansion

Stablecoin Issuer Circle Gains Abu Dhabi In-Principle Approval Amid Global Expansion

Global Cryptocurrency
Author:
Global Cryptocurrency
Release Time:
2025-04-29 14:00:02
0

Circle Internet Financial, the issuer of the USDC stablecoin, has secured in-principle approval from Abu Dhabi’s Financial Services Regulatory Authority (ADGM). This milestone allows Circle to operate as a money services provider in the region, marking a strategic step in its global expansion.

The approval signifies regulatory compliance but falls short of full licensure. Final authorization is expected within weeks or months. Circle’s presence in Abu Dhabi will enhance digital asset accessibility for institutional and retail investors in the Middle East.

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