Circle Granted License to Operate as a Money Services Provider in Abu Dhabi Global Market

BlockBeats News, December 9th, Stablecoin issuer Circle announced that it has received a Financial Services Permission (FSP) from the Abu Dhabi Global Market Financial Services Regulatory Authority, allowing it to operate as a money services provider in the Abu Dhabi International Financial Center (IFC).

In addition, Circle has appointed Dr. Saeeda Jaffar as the Managing Director for Circle in the Middle East and Africa. Jaffar previously served as Senior Vice President at Visa and Gulf Cooperation Council Group Country Manager.