👏Circle receives FSP license at ADGM, appoints new leadership for the MEA region
Circle has just received a Financial Services Permit (FSP) from the Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM), officially authorized to operate as a money service provider (MSP) at the Abu Dhabi International Financial Centre.
On the same day, December 9th, Circle also appointed Dr. Saeeda Jaffar as the Executive Director for the Middle East & Africa (MEA) to lead the regional strategy, expand the partner network, and promote the use of digital dollar along with on-chain payment solutions.
The combination of the legal FSP license and experienced leadership from Visa is expected to help Circle accelerate the deployment of traditional – on-chain payment infrastructure, expanding presence in key markets in the MEA.
