Plume Secures ADGM Commercial License, Eyes Middle East RWA Expansion

Tether's USDT stablecoin has been designated as an Accepted Fiat-Referenced Token by Abu Dhabi's ADGM, allowing its use across multiple blockchains including Aptos, Celo, Cosmos, and others. This regulatory recognition expands Tether's previous approvals and enhances its operational capabilities in the region.

Circle has secured a Financial Services Permission (FSP) license from the Abu Dhabi Global Market (ADGM), marking a significant step in its expansion into the Middle East and positioning the company to enhance stablecoin adoption in the region.

The Abu Dhabi Global Market (ADGM) has officially added Tether's USDT to its approved token list, allowing the stablecoin to be utilized across major blockchains. This decision reflects ADGM's ongoing commitment to fostering a regulated cryptocurrency environment in the region.

Tether's USDt has been recognized by the Abu Dhabi Global Market (ADGM) as an accepted fiat-referenced token, allowing licensed companies in the UAE to offer regulated custody services for this stablecoin. This recognition marks a significant regulatory milestone for Tether in the region.

Binance has secured three new licenses from the Financial Services Regulatory Authority (FSRA) in Abu Dhabi Global Markets (ADGM), becoming the first cryptocurrency exchange to obtain a global license under this regulatory framework. This achievement marks a significant milestone in Binance's expansion efforts in the Middle East.

Binance has secured full authorization from the Abu Dhabi Global Market (ADGM) to provide exchange, custody, and broker-dealer services, marking a significant step in its regulatory compliance efforts. This achievement positions Binance as a leader in the cryptocurrency sector within the UAE, enhancing its operational capabilities in a key financial hub.