Tether's stablecoin USD₮ has been recognized as an accepted virtual asset in the Abu Dhabi Global Market (ADGM), the company announced on Tuesday.The approval from the Financial Services Regulatory Authority means that companies which are licensed can offer pre-approved USD₮ services in Abu Dhabi's Global Market. Though, the release did not say what those approved services might be. CoinDesk reached out to Tether for comment.Tether 's USD₮ excee…

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Tether is Recognized as Accepted Virtual Asset in Abu Dhabi Global Market

Abu Dhabi Global Market regulators have approved Tether’s USDT as an accepted virtual asset, opening the door to USDT financial services.

Cointelegraph

Tether’s USDT approved as accepted virtual asset in Abu Dhabi

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The firm behind the largest stablecoin by market cap is announcing the achievement of a significant regulatory milestone. In a new announcement, Tether says USDT has become an Accepted Virtual Asset (AVA), as recognized by the Abu Dhabi Global Market’s (ADGM) Financial Services Regulatory...

CryptoPanic

Tether Scores Major Regulatory Milestone As USDT on Three Chains Deemed ‘Accepted Virtual Asset’ in Abu Dhabi

Key Takeaways:
Abu Dhabi's regulatory body has officially recognised Tether's USDT as an "Accepted Virtual Asset" (AVA).
This approval spans Ethereum, Solana, and Avalanche blockchains, advancing Tether's adoption in the UAE.
Tether's USD₮, with over $138 billion in market cap, strengthens the UAE's digital finance framework.
Tether's USDT stablecoin has gained official recognition as an Accepted Virtual Asset (AVA) from the Financial Services R…

coinstats.app

CoinStats - Tether’s USDT Gains Abu Dhabi’s Green Light a...

The firm behind the largest stablecoin by market cap is announcing the achievement of a significant regulatory milestone. In a new announcement, Tether says USDT has become an Accepted Virtual Asset (AVA), as recognized by the Abu Dhabi Global Market’s (ADGM) Financial Services Regulatory Authority (FSRA). Says Tether CEO Paolo Ardoino of the achievement, “This…

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Tether’s USDT gains approval for regulated services in Abu Dhabi Anonymous Wed, 12/11/2024

Bitcoin Insider

Tether’s USDT gains approval for regulated services in Abu Dhabi

Tether’s USDT stablecoin has been approved as an Accepted Virtual Asset (AVA) by the Abu Dhabi Global Market (ADGM), according to a Dec. 10 statement. The landmark decision, granted by the Financial Services Regulatory Authority (FSRA), allows licensed entities within the jurisdiction to offer services involving USDT under ADGM’s regulatory framework. The approval marks a significant milestone for Tether, enabling the seamless integration of USD…

CryptoSlate

Tether's USDT stablecoin integrates into Abu Dhabi's financial ecosystem

Tether has achieved a significant milestone with its USD₮ stablecoin now recognised as an Accepted Virtual Asset (“AVA”) by the FSRA of ADGM.

Crypto Breaking News

Tether’s USD₮ Recognized as an Accepted Virtual Asset in Abu Dhabi Global Market

The firm behind the largest stablecoin by market cap is announcing the achievement of a significant regulatory milestone. In a new announcement, Tether says USDT has become an Accepted Virtual Asset (AVA), as recognized by the Abu Dhabi Global Market’s (ADGM) Financial Services Regulatory Authority (FSRA). Says Tether CEO Paolo Ardoino of the achievement, “This milestone underscores Tether’s commitment to fostering global financial inclusion and…

Kryptonite to Crypto - All Explained

The Abu Dhabi Financial Services Regulatory Authority (FSRA) has officially approved Tether USDT virtual asset as an Approved Virtual Asset (AVA) for the Abu Dhabi Global Market (ADGM).

Tether is Recognized as Accepted Virtual Asset in Abu Dhabi Global Market

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