Abu Dhabi (UAE) has given a green signal to major crypto players.

Abu Dhabi Global Market (ADGM) is rapidly issuing licenses to major crypto institutions to become the world's largest crypto hub:

1️⃣ Circle

ADGM has issued a license to Circle as a Currency Service Provider.

The company has also appointed new leadership for expansion in the Middle East and North Africa.

2️⃣ Tether (USDT)

ADGM has officially recognized USDT as a Fiat-Token.

Licensed entities will now be able to provide services on USDT across various networks:

Aptos, Celo, Cosmos, Kaia, Near, Polkadot, Tezos, TON, TRON

3️⃣ Binance

Binance has received full licenses in three sectors:

Exchange – Custody – Clearing

Binance will operate in accordance with ADGM's strict regulatory laws.

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