• About Us
  • Careers
  • Contact
No Result
View All Result
Saturday, October 25, 2025
DeFi Planet
  • News
    • People
    • Business
    • Crime
    • Regulation
    • Crypto
    • CBDC
  • Markets
    • Bitcoin
    • Ethereum
    • Stablecoins
    • Altcoins
    • Crypto ETFs
    • Memecoins
  • Policy
  • Articles
    • Press Releases
    • Opinion
    • Explainers
    • Guest Post
    • Sponsored
  • Directory
    • Companies
    • People
    • Products
    • Wallets
  • Multimedia
    • Videos
    • Podcasts
  • Learn
    • DeFi Basics
    • Tutorials
    • Reviews
    • Blockchain Fundamentals
  • Research
    • Case Studies
  • Explore
    • DeFi
    • Crypto Gaming
    • NFT
    • DAO
    • Metaverse
    • Glossary
  • Jobs
  • Markets Pro
    • DeFi Planet Pro
    • Spend Crypto
    • Swap Crypto
    • Coin Prices
    • Crypto Exchanges
    • Crypto Analyzer
  • News
    • People
    • Business
    • Crime
    • Regulation
    • Crypto
    • CBDC
  • Markets
    • Bitcoin
    • Ethereum
    • Stablecoins
    • Altcoins
    • Crypto ETFs
    • Memecoins
  • Policy
  • Articles
    • Press Releases
    • Opinion
    • Explainers
    • Guest Post
    • Sponsored
  • Directory
    • Companies
    • People
    • Products
    • Wallets
  • Multimedia
    • Videos
    • Podcasts
  • Learn
    • DeFi Basics
    • Tutorials
    • Reviews
    • Blockchain Fundamentals
  • Research
    • Case Studies
  • Explore
    • DeFi
    • Crypto Gaming
    • NFT
    • DAO
    • Metaverse
    • Glossary
  • Jobs
  • Markets Pro
    • DeFi Planet Pro
    • Spend Crypto
    • Swap Crypto
    • Coin Prices
    • Crypto Exchanges
    • Crypto Analyzer
No Result
View All Result
DeFi Planet
No Result
View All Result
Home News

UAE Grants Circle Regulatory Approval as Money Services Provider

30 April 2025
in News
Reading Time: 3 mins read
108 1
UAE Grants Circle Regulatory Approval as Money Services Provider

Source: Crypto Economy

The United Arab Emirates (UAE) has officially approved Circle, the issuer of the popular USD Coin (USDC) stablecoin, as a licensed money services provider. This regulatory greenlight comes from the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM), the UAE’s leading international financial center.

Circle’s new license allows the company to offer a range of digital asset services within the UAE, including the issuance, redemption, and transfer of USDC. This marks a strategic milestone for Circle, which has been actively seeking regulatory clarity and global expansion. Circle’s CEO, Jeremy Allaire, highlighted the importance of the UAE as a forward-thinking jurisdiction, stating,

“The UAE is rapidly emerging as a global hub for digital assets and fintech innovation. This approval enables us to better serve businesses and developers in the region.”

The UAE has been positioning itself as a leader in the adoption and regulation of digital assets. The ADGM has established a robust regulatory framework to attract international fintech companies, aiming to balance innovation with investor protection. By granting Circle a license, the UAE demonstrates its commitment to fostering a safe and progressive digital economy.

Notably, Circle’s launch of the Circle Payments Network (CPN), a new global infrastructure designed to improve cross-border payments using regulated digital currencies like USDC and EURC. The network aims to address the slowness and high costs of traditional international transactions by facilitating real-time settlements among financial institutions. 

Circle’s approval is expected to boost confidence in the regional stablecoin market and encourage further adoption of blockchain-based financial services. USDC, one of the world’s largest stablecoins, is widely used for payments, remittances, and decentralized finance (DeFi) applications. The move could also pave the way for other global crypto firms to seek regulatory approval in the UAE.

This development follows a global trend, with jurisdictions like Singapore and Hong Kong also issuing licenses to major crypto companies. The UAE’s decision puts it at the forefront of digital asset regulation in the Middle East, reinforcing its status as a destination for fintech innovation.

 

If you want to read more news articles like this, visit DeFi Planet and follow us on Twitter, LinkedIn, Facebook, Instagram, and CoinMarketCap Community.

“Take control of your crypto portfolio with MARKETS PRO, DeFi Planet’s suite of analytics tools.”

Tags: CircleCryptoUAE
Share63Tweet40Share11
Bobby Okposin

Bobby Okposin

Related Posts

source: ts2.tech
Crypto

Nevada Shuts Down Fortress Trust Amid Insolvency Concerns as U.S. Tightens Crypto Custody Rules

24 October 2025
source: theblock.co
Crypto

Polymarket Bets Spike as Traders See 12% Chance of Trump Pardoning FTX Founder Sam Bankman-Fried

24 October 2025
source: financialit.net
Bitcoin

ChainUp Investment CIO Says Bitcoin Rally Marks Institutional Phase of Digital Assets

24 October 2025
Crypto Bank Sygnum Plans EU and Asia Expansion Following Profitable First Half of 2024
Bitcoin

Sygnum and Debifi Partner to Launch MultiSYG, a Non-Custodial Bitcoin Loan Platform

24 October 2025

Editors Picks

Mining vs. Staking: Which Crypto Validation Method Will Shape the Future?

Mining vs. Staking: Which Crypto Validation Method Will Shape the Future?

byOlajumoke Oyaleke
15 July 2025
0

Where Are the Ethereum-Killers Now?

Where Are the Ethereum-Killers Now?

byOlayinka Sodiqand1 others
6 January 2025
0

source: investorplace.com

How to Find the Newest Cryptocurrencies Before They’re Listed

byOlayinka Sodiq
30 December 2024
0

Exploring the Role of AI in Enhancing DeFi Security

Exploring the Role of AI in Enhancing DeFi Security

byOlayinka Sodiq
1 October 2024
0

The Ultimate Guide to How NFT Royalties Work

The Ultimate Guide to How NFT Royalties Work

byAdedamola Ojedokun
17 April 2024
0

Read More

Chain of Thoughts

The Aesthetics of Web3: Why Vibe Matters in Decentralized Communities

The Aesthetics of Web3: Why Vibe Matters in Decentralized Communities

byOlu Omoyele
27 September 2025
0

...

Zero-Knowledge Everything: Trust, Privacy, and Verification in the Digital Age

Zero-Knowledge Everything: Trust, Privacy, and Verification in the Digital Age

byOlu Omoyele
30 August 2025
0

...

What Happens When AI Gets a Wallet?

What Happens When AI Gets a Wallet?

byOlu Omoyele
31 July 2025
0

...

The Game-changing Triumvirate: Blockchain, Data Science, and Artificial Intelligence

The Game-changing Triumvirate: Blockchain, Data Science, and Artificial Intelligence

byOlu Omoyele
30 June 2025
0

...

Markets Update

Are Ethereum-Based Treasuries Emerging as the Berkshire Hathaway of Crypto?

6 hours ago

Is the Crypto Market Now Majorly Driven by Institutions?

8 hours ago

CBDCs vs. Stablecoins: Which Has the Market’s Trust?

8 hours ago

Your Weekend Crypto Roundup | October 2025 (Week 4)

1 day ago

A New Age of Money: Should Every Currency Have Its Own Stablecoin?

1 day ago

Inside Africa’s Financial Reinvention: The Surge of Stablecoin Adoption

1 day ago
Read More

Events

  • No events
  • Spotlight

    All about Ethereum
    All about Algorand
    All about Bitcoin
    All about Gora

    Press Releases

    MultiBank Group and Khabib Nurmagomedov Launch an Exclusive Worldwide Multi-Billion-Dollar Joint Venture to Build the World’s First Regulated Tokenized Sports Ecosystem.

    bychainwire
    25 October 2025
    0

    RIVER Gains 5x Following Binance Perp Listing, Supported by Time-Encoded Airdrop Conversion

    bychainwire
    24 October 2025
    0

    Trezor Launches Trezor Safe 7: First Hardware Wallet With Transparent Secure Element

    bychainwire
    23 October 2025
    0

    Roba Shatters Closed Systems: The People’s Robotics Platform Launches To Dominate $218b Industry

    bychainwire
    23 October 2025
    0

    Aster Unveils Rocket Launch: A Gateway to Early-Stage Crypto Projects and Trading Rewards

    bychainwire
    23 October 2025
    0

    Read More

    ADVERTISING

    ABOUT

    TEAM

    CAREERS

    CONTACT

    TERMS & CONDITIONS

    PRIVACY POLICY

    © Copyright 2025 DeFi Planet

    Welcome Back!

    Login to your account below

    Forgotten Password?

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In

    Add New Playlist

    No Result
    View All Result
    • News
      • People
      • Business
      • Crime
      • Regulation
      • Crypto
      • CBDC
    • Markets
      • Bitcoin
      • Ethereum
      • Stablecoins
      • Altcoins
      • Crypto ETFs
      • Memecoins
    • Policy
    • Articles
      • Press Releases
      • Opinion
      • Explainers
      • Guest Post
      • Sponsored
    • Directory
      • Companies
      • People
      • Products
      • Wallets
    • Multimedia
      • Videos
      • Podcasts
    • Learn
      • DeFi Basics
      • Tutorials
      • Reviews
      • Blockchain Fundamentals
    • Research
      • Case Studies
    • Explore
      • DeFi
      • Crypto Gaming
      • NFT
      • DAO
      • Metaverse
      • Glossary
    • Jobs
    • Markets Pro
      • DeFi Planet Pro
      • Spend Crypto
      • Swap Crypto
      • Coin Prices
      • Crypto Exchanges
      • Crypto Analyzer

    © Copyright 2024 DeFi Planet   |   Terms & Conditions   |   Privacy Policy

    -
    00:00
    00:00

    Queue

    Update Required Flash plugin
    -
    00:00
    00:00