Circle’s Big Move: UAE License & Visa Pro at the Helm! 🚀💰

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Stablecoin issuer expands Middle East presence with Abu Dhabi Global Market regulatory approval and strategic leadership appointment.

Circle Internet Group, that paragon of financial ambition, announced on December 9, 2025, that it has obtained a Financial Services Permission (FSP) license from the Abu Dhabi Global Market (ADGM). The company simultaneously appointed Dr. Saeeda Jaffar as Managing Director for Circle’s Middle East and Africa region, a move that would make even the most stoic banker raise an eyebrow. 🎯

“Regulatory clarity is the foundation of a more open and efficient internet financial system,” said Jeremy Allaire, Circle’s CEO, as if he’d just solved the mystery of life itself. The license positions Circle to develop regulated payment and settlement solutions for businesses and financial institutions in the UAE. This move follows the Dubai International Financial Centre’s earlier recognition of USDC and EURC as the first regulated stablecoins in the region, a milestone so groundbreaking, it’s like discovering fire… but with cryptocurrency. 🔥

🧭 FAQs

• What regulatory milestone did Circle achieve? Secured Financial Services Permission license from ADGM. A feat so impressive, it’s like getting a gold star in the financial kindergarten of the Middle East. 🎓

• Who was appointed as regional managing director? Dr. Saeeda Jaffar, previously from Visa. A move so bold, it’s like swapping a camel for a Ferrari. 🐎🚗

• What is the primary goal of this expansion? Accelerate digital dollar and onchain payment solutions in MEA markets. Because who doesn’t want their money to dance in the blockchain? 💃🕺

• Where is the new regional focus? United Arab Emirates and broader Middle East and Africa region. A place where the desert is vast, and the ambitions are even vaster. 🌵

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2025-12-09 15:13