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Abu Dhabi Global Market Allows USDT for Virtual Asset Services Cryptonews 10 Dec 2024

Abu Dhabi Global Market Allows USDT for Virtual Asset Services 🇦🇪

The Abu Dhabi Global Market (ADGM) has officially recognized Tether’s USDT as an Accepted Virtual Asset. This acknowledgment allows licensed entities within ADGM to incorporate USDT into their suite of regulated services.

With this move, Tether's stablecoin is effectively woven into Abu Dhabi’s regulated virtual asset framework, signaling a significant step for the integration of cryptocurrencies into traditional financial systems within the region.

Source: cryptonews.com ↗