Risk Disclosure: This website's content is not investment advice and offers no trading guidance or related services. Per regulations from the PBOC and other authorities, users must be aware of virtual currency risks. Contact us / [email protected] ICP License: 琼ICP备2022009338号
TechFlow news: Paxos has received two preliminary approvals to issue a new stablecoin and provide crypto brokerage and custody services in the Abu Dhabi Global Market.
Full approval is expected in the first half of next year, when the new USD-backed stablecoin will be launched. This marks another step in Paxos' international expansion following its earlier approval by the Monetary Authority of Singapore.
Paxos has received two preliminary approvals to issue a new stablecoin and provide crypto brokerage and custody services in the Abu Dhabi Global Market. Full approval is expected in the first half of next year, when the new USD-backed stablecoin will be launched. This marks Paxos' latest international expansion following its earlier approval by the Monetary Authority of Singapore.
Navigating Web3 tides with focused insights
