$USDC Circle Internet Group, a leading global fintech company and issuer of the stablecoin USDC, has received preliminary approval (IPA) from the Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM). The approval, which allows Circle to operate as a money service provider, demonstrates its commitment to fostering innovation within the regulatory framework of digital finance.

In a statement announcing the receipt of the IPA, Circle reported that this approval is an important step