Circle receives approval in principle from Abu Dhabi regulator to operate as a money services provider

Odaily News The Financial Services Regulatory Authority of the Abu Dhabi Global Market (ADGM) has granted in-principle approval to stablecoin issuer Circle to operate as a money service provider. The move comes after Circle established a new legal entity within ADGM in December 2024 to expand its global business presence in the Middle East and Africa. (The Block)