USDT officially recognized as a "fiat-pegged token" by Abu Dhabi regulator
Jinse Finance reported that the Tether stablecoin USDT has been officially recognized as a "fiat-referenced token" at the Abu Dhabi Global Market (ADGM). Licensed institutions can provide regulated custody and trading services, marking an important step forward for the UAE in stablecoin regulation.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Netmarble chair Bang Jun-hyuk raises stake to 38.34% via after-hours block trade
FIL cuts Keller Group stake to 4.87% from 9.92%
HB Solution top shareholder HB Technology cuts stake to 27.51% from 34.59% filing shows
Royal Caribbean to Buy 50% Stake in Sandals Resorts for $3 Billion
