Coinbase Receives Abu Dhabi Regulatory License, Will Establish International Tokenization Hub

TechFlow news, August 11, Coinbase announced it has obtained the Financial Services Permission (FSP) issued by the Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market, and will establish an International Tokenization Hub in the Abu Dhabi Global Market (ADGM). This permission allows it to carry out investment transaction arrangements and custody services, laying the regulatory foundation for launching tokenized securities.

Coinbase stated that this move is a significant milestone in advancing its on-chain capital markets and tokenized securities infrastructure, and regards the UAE as one of the key global financial infrastructure hubs for its strategic deployment outside the United States.