(RTTNews) - Circle Internet Group, Inc. (CRCL), an internet financial platform company, said on Tuesday that it has secured a financial services permission license from the Financial Services Regulatory Authority of Abu Dhabi Global Market, or ADGM, the International Financial Centre of Abu Dhabi, to operate as a Money Services Provider in the International Financial Centre.
With this license, Circle will expand regulated payment and settlement use cases in the UAE for businesses, developers, and financial institutions.
In addition, Circle has appointed Saeeda Jaffar as Managing Director for Circle Middle East & Africa. Jaffar will join from Visa, where she serves as Senior Vice President and Group Country Manager for the Gulf Cooperation Council.
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