News

Three Abu Dhabi Giants Plan Stablecoin Backed by UAE’s Currency
Three major Abu Dhabi entities, including a sovereign wealth fund, plan to launch a stablecoin fully regulated by the central ...
Abu Dhabi doubles down on crypto as wealth fund, FAB, IHC join forces for new stablecoin
Abu Dhabi sovereign wealth fund ADQ, conglomerate IHC , and the UAE's biggest lender by assets First Abu Dhabi Bank (FAB) are ...
Gulf Business on MSN1d
Abu Dhabi: IHC, ADQ, FAB launch dirham-backed stablecoin
The stablecoin, subject to regulatory approval, will be issued by FAB and fully regulated by the Central Bank of the UAE ...
Bloomberg on MSN1d
Ghose: ChatGPT Moment for Stablecoin
Three major Abu Dhabi entities, including a sovereign wealth fund, plan to launch a stablecoin fully regulated by the UAE ...
Arabian Business2d
Circle secures in-principle approval from ADGM’s Financial Services Regulatory Authority
Following ADGM's approval, Circle joins forces with Hub71 to grow Abu Dhabi’s Web3 and digital assets startup ecosystem ...
Circle gets Abu Dhabi regulatory nod to expand in Middle East
USDC stablecoin issuer Circle has received in-principle approval (IPA) from the Financial Services Regulatory Authority (FSRA ...