The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
This summary text is fully AI-generated and may therefore contain errors or be incomplete.
This summary text is fully AI-generated and may therefore contain errors or be incomplete.
Circle, the issuer of USDC, has secured in-principle approval from Abu Dhabi regulators, marking a significant step toward expanding its regulated stablecoin services globally. The move aligns with the UAE’s push to become a leading Web3 hub.
- Circle's in-principle approval from ADGM's FSRA advances its plans for regulated stablecoin services in the UAE.
- The company partnered with Hub71 to support digital asset innovation within Abu Dhabi's tech ecosystem.
- The UAE ranks among top crypto-friendly nations, with recent regulatory efforts accelerating Web3 adoption.
📎 Read the original article on cointelegraph.com
Related Tags: Circle Markets in Crypto Assets (MiCA) Stablecoin
