PANews reported on December 9th that, according to its official blog, stablecoin issuer Circle announced it has received a Financial Services License (FSP) from the Abu Dhabi Global Markets Financial Services Regulatory Authority, authorizing it to operate as a money service provider in the Abu Dhabi International Financial Centre (IFC). In addition, Circle appointed Dr. Saeeda Jaffar as Managing Director for Circle Middle East and Africa. Jaffar will join Circle from Visa, where she served as Senior Vice President and Group Country Manager for the Gulf Cooperation Council. She will lead Circle's regional strategy, deepen partnerships with financial institutions and businesses, and drive the accelerated adoption of the company's digital dollar and on-chain payment solutions in the UAE and the wider Middle East and Africa markets.
Circle obtains financial services license in Abu Dhabi Global Markets
This article is machine translated
Show original
Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments
Share
