Nadia Na

The Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM) is seeking public feedback on a proposed regulatory framework for stablecoins until October 3. The framework will outline the standards for issuers of fiat-backed stablecoins (FRTs), including the requirement to hold sufficient reserves to back the stablecoins in circulation.

The Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM) is seeking public feedback on a proposed regulatory framework for stablecoins until October 3. The framework will outline the standards for issuers of fiat-backed stablecoins (FRTs), including the requirement to hold sufficient reserves to back the stablecoins in circulation.

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Note: There may be discrepancies in the translated version of this original article in English. Please reference this original version for the latest or most accurate information where any discrepancies may arise.
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Binance Team
2024-07-10