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- 🚀 Gate $PUMP Futures Trading Challenge is Now Live!
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Announcement link: https://www.gate.com/announcements/article/47104 - 🌕 Gate Square · Mid-Autumn Creator Incentive Program is Now Live!
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Circle has received in-principle approval from the Abu Dhabi Financial Regulatory Authority.
According to Gate.io News bot, The Block reported that stablecoin issuer Circle has received in-principle approval from the Abu Dhabi Global Market (ADGM) Financial Services Regulatory Authority to operate as a currency service provider. Circle has met the standards to conduct financial business in the Abu Dhabi International Financial Centre, but is still awaiting the final comprehensive approval from the regulatory authority.
It is worth noting that Circle established a new legal entity in ADGM in December 2024, aiming to expand its business scope in the Middle East and Africa.