Paxos poised to expand global stablecoin operations in Abu Dhabi with regulatory green light
CAT
1 min read
Paxos has obtained in-principle approvals from the Financial Services Regulatory Authority (FSRA) in the Abu Dhabi Global Market (ADGM). These approvals mark a significant step for Paxos in the region, allowing it to issue US dollars and other currency-backed stablecoins and offer crypto-brokerage and custody services from its regulated ADGM entities. This development is reportedly […]
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Paxos poised to expand global stablecoin operations in Abu Dhabi with regulatory green light
