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Paxos receives two new in-principle approvals in Abu Dhabi

Posted on 11/30/2023

Paxos receives two new in-principle approvals in Abu Dhabi

Paxos has received two in-principle approvals from the Financial Services Regulatory Authority in the Abu Dhabi Global Market (ADGM). The company will issue USD-pegged stablecoins as well as crypto brokerage and custody services. Blockchain infrastructure firm Paxos has scored another regulatory milestone as it expands its reach globally. On Wednesday, the New York-based company announced […]

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