Circle obtains Financial Services Permission from Abu Dhabi Global Market

Foresight News reported that Circle Internet Group (stock code CRCL) has obtained a Financial Services Permission (FSP) from the Financial Services Regulatory Authority of Abu Dhabi Global Market (ADGM), allowing it to operate as a money services provider in this international financial center. At the same time, Circle has appointed Dr. Saeeda Jaffar as Managing Director for the Middle East and Africa region. Previously, Dr. Jaffar served as Senior Vice President and Group Country Manager for the Gulf Cooperation Council at Visa. She will be responsible for leading Circle's regional strategy, deepening partnerships with financial institutions and enterprises, and accelerating the adoption of trusted digital dollars and on-chain payment solutions in the UAE and the broader Middle East and Africa markets.