Paxos Obtains Regulatory Approval in UAE to Offer Fiat-backed Stablecoins to Web3 Users

CAT November 30, 2023 1 min read

Steve Muchoki

Coinspeaker
Paxos Obtains Regulatory Approval in UAE to Offer Fiat-backed Stablecoins to Web3 Users

Paxos received the in-principle approvals (IPAs) of the Financial Services Regulatory Authority (FSRA) in the Abu Dhabi Global Market (ADGM) to offer USD-backed stablecoins among other crypto services.

Paxos Obtains Regulatory Approval in UAE to Offer Fiat-backed Stablecoins to Web3 Users

Go here to Read this Fast! Paxos Obtains Regulatory Approval in UAE to Offer Fiat-backed Stablecoins to Web3 Users

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Paxos Obtains Regulatory Approval in UAE to Offer Fiat-backed Stablecoins to Web3 Users

Tags: #bitcoin #blockchain #cryptocurrency #eth btc Ethereum

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