Circle Secures UAE Financial License and Appoints Visa Veteran as Regional Managing Director
PositiveCryptocurrency

- Circle Internet Group has secured a financial license from the Abu Dhabi Global Market (ADGM) and appointed Dr. Saeeda Jaffar, a veteran from Visa, as the Regional Managing Director. This move marks a significant step in Circle's expansion within the UAE's cryptocurrency landscape.
- The acquisition of the financial license allows Circle to enhance its operational capabilities in the region, positioning the company to better serve its clients and expand its market presence in the rapidly evolving cryptocurrency sector.
- This development aligns with a broader trend of increasing regulatory acceptance and support for cryptocurrency firms in the UAE, as evidenced by similar milestones achieved by other companies like Ripple and Binance, indicating a growing ecosystem for digital assets in the region.
— via World Pulse Now AI Editorial System

