Circle Expands in MENA, Secures Abu Dhabi License

Circle Internet Group, known for USD Coin, secures a license from Abu Dhabis financial regulator, marking their entry into the Middle East and North Africa. They hire Doctor Saeeda Jaffar, a regional veteran, to lead operations. This expansion aligns with Abu Dhabis clear pathways for digital tokens and payment infrastructure, praised by Circles CEO for setting high standards in transparency and consumer protection. Binance also secures full approval from Abu Dhabi Global Market, highlighting a broader trend in the region to formalize reporting standards and tighten oversight of digital asset activities.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.