Key Takeaways As part of its global expansion efforts, stablecoin issuer Circle has received preliminary regulatory clearance from the Financial Services Regulatory Authority (FSRA) within the Abu Dhabi Global Market (ADGM). The in-principle approval (IPA) paves the way for Circle…
Key Takeaways Three of Abu Dhabi’s financial powerhouses are preparing to launch a new digital currency pegged to the UAE dirham. The stablecoin project is being developed by ADQ, the Emirate’s sovereign wealth fund; First Abu Dhabi Bank (FAB), the…
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The financial authority of Abu Dhabi intends to oversee stablecoins, known as fiat-referenced tokens (FRTs), in response to requests from interested parties for their issuance.
WeekInFocus is your ally in plugging in the gaps in the news you might have missed during the course of the previous week. Beyond that, it serves as a catalyst for your professional and personal development by introducing you to new ideas and exciting job opportunities. Join us in accepting both what is occurring and what is conceivable.
In order to further the development of DLT, ADGM and the Solana Foundation have inked a partnership agreement.
Key Takeaways In a significant move, the Abu Dhabi Global Market (ADGM) Registration Authority has introduced purpose-built regulations for Web3 organizations, marking a significant development in the realm of blockchain and decentralized technologies. The newly announced regulations, known as the…
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