News

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 MSN17h
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 MSN22h
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 ...
WLF's Zach Witkoff: USD1 selected as official stablecoin for MGX investment in Binance
USD1 has been selected as official stablecoin for Abu Dhabi backed investment vehicle MGX's investment in Binance, Zach ...
Arabian Business1d
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 ...