Regulatory · Crypto / Stablecoin · 2024

Tether USDT approved as virtual asset in Abu Dhabi

Tether issued regulatory approval affecting Abu Dhabi Global Market Financial Services Regulatory Authority on December 13, 2024.

Primary
Tether
Counterparty
Abu Dhabi Global Market Financial Services Regulatory Authority
Structure
regulatory approval
Date
December 13, 2024
Sub-sector
Crypto / Stablecoin

ADGM officially recognizes USDT as accepted virtual asset, enabling licensed providers to offer services and integrate stablecoin into regulated financial ecosystems across multiple blockchains.

Primary company
Tether
Amount
Not disclosed
Event date
December 13, 2024
Sub-sector
Crypto / Stablecoin
HQ
Not disclosed
Structure
regulatory approval
Source published
December 13, 2024
Publisher
Cointelegraph

Source: cointelegraph.com