Circle obtains financial services license in Abu Dhabi Global Markets
according to the official blog, stablecoin issuer Circle announced that it has obtained a Financial Services Permission (FSP) issued by the Abu Dhabi Global Market Financial Services Regulatory Authority, allowing it to operate as a money services provider in the Abu Dhabi International Financial Centre (IFC).
In addition, Circle appointed Dr. Saeeda Jaffar as Managing Director of Circle Middle East and Africa. Jaffar will leave Visa to join Circle, where she served as Senior Vice President and Group Country Manager for the Gulf Cooperation Council at Visa. She will lead Circle's regional strategy, deepen partnerships with financial institutions and enterprises, and drive the accelerated adoption of the company's digital dollar and on-chain payment solutions in the UAE and the broader Middle East and Africa markets.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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