According to Wu Blockchain, stablecoin issuer Circle announced that it has obtained a Financial Services Permission (FSP) from the Financial Services Regulatory Authority of Abu Dhabi Global Market, authorizing it to operate as a money services provider at the Abu Dhabi International Financial Center (IFC). In addition, Circle has appointed Dr. Saeeda Jaffar as Managing Director for Middle East and Africa. Jaffar previously served as Senior Vice President and Group Country Manager for the Gulf Cooperation Council at Visa.

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