Abu Dhabi Regulator Opens Public Consultation on New Rules for “Fiat-Referenced Tokens”
Abu Dhabi's financial regulator has opened a public consultation on a proposed regulatory framework to guide the supervision of fiat-referenced tokens (FRTs), a category of stablecoins. The Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM) announced the new framework in response to stakeholder requests. It noted ...
