Short News View Non-AMP

Circle Secures UAE Approval to Boost USDC Operations in the Middle East

Published by
Qadir AK

Circle, the company behind the $62 billion USDC stablecoin, has received in-principle approval from Abu Dhabi Global Market’s Financial Services Regulatory Authority. This approval allows Circle to operate as a money services provider in the UAE, marking a major step in its Middle East expansion. The announcement comes shortly after Circle launched a new payments network to grow USDC adoption. Meanwhile, the firm remains in a quiet period following its IPO filing in the United States.

Qadir AK

Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space.

Recent Posts

Eric Trump Denies Claims of Involvement with Tron Deal to Go Public Via a Reverse Merger

Eric Trump, the Executive Vice President of the Trump Organization, has denied claims that he…

June 17, 2025

Bitcoin Price Rebounds Above $108k on Heightened Institutional Demand: Is It a Dead-Cat-Bounce?

Bitcoin (BTC) price rallied over 3 percent, on Monday, June 16, to trade about $108,551…

June 17, 2025

Big Breaking: Canada Approves First XRP Spot ETF, Set to Debut June 18

A big moment for the crypto world has arrived! Purpose Investments Inc. has officially secured…

June 17, 2025

Why is XRP Price Going Up Today?

The price of XRP has climbed 7% in the past 24 hours, reaching $2.32, as…

June 16, 2025

Ripple vs SEC Lawsuit Update: XRP Price Gains 13% as Deadline Closes In

The long-running legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC) continues…

June 16, 2025

Bitcoin to $250K or Ozak AI to $1—Which Asset Will Deliver the Bigger ROI by 2025?

Crypto buyers are comparing two awesome opportunities: Bitcoin (BTC), the market leader aiming for a…

June 16, 2025