Tether's USD is recognized as a virtual asset by Abu Dhabi Global Markets
2024-12-10 13:35:16
The Abu Dhabi Financial Services Regulatory Authority (FSRA) has officially listed Tether's USDstablecoin as an Approved Virtual Asset (AVA) on the Abu Dhabi Global Market (ADGM). The approval applies to USDon the Ethereum, Solana and Avalanche networks, authorizing FSRA-licensed entities to provide USDrelated pre-approval services.
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