The US major, with around $63 billion in assets under management as of September 30, will join global asset managers and hedge funds in establishing a presence in ADGM
Financial Services Regulatory Authority
Singapore headquartered digital asset custody provider Liminal secures key ADGM FSP license
The license grants the company the ability to operate as a regulated custodian within the Middle East, a rapidly growing financial hub
UAE digital asset custodian Tungsten launches in Abu Dhabi
The launch positions the UAE as a hub for regulated digital asset services and provides regional investors with a secure local option for crypto custody
Liminal ropes in ex-Copper Securities CEO Amir Tabch to lead its Middle East expansion
Tabch also held senior leadership positions at SC Meta Markets, Emirates Investment Bank, and First Abu Dhabi Bank
Indian venture debt fund Stride Ventures obtains initial approval from ADGM
The company said it will establish an exclusive fund in the Abu Dhabi Global Market with strategic focus on investments within the Arabian Gulf region
Digital custody and wallet infrastructure venture Liminal secures ADGM in-principle approval
The company said the approval marks an important milestone in its growth plans in the region
ADGM grants virtual asset trading license to M2
The M2 platform is now poised to offer both institutional and retail clients in the UAE a unique opportunity to engage with virtual assets.
GCC private credit – ‘The times they are a-changin’
A new, and attractive, regulatory landscape now makes it possible to establish and manage private credit funds in the UAE and Saudi Arabia
Binance gets financial services permission from Abu Dhabi Global Market
The Financial Services Regulatory Authority approval enables the blockchain giant to provide custody to professional clients
ADGM slaps $4.76 million fine on Elia, Babar Abbas
Abbas is Elia’s sole shareholder and former director
ADGM issues new guidelines on virtual asset regulation, reiterates anti-money laundering position
The new issuance is aimed at outlining the regulator’s approach to virtual asset regulation and supervision
Abu Dhabi’s FSRA issues discussion paper to evaluate regulation, risks, and opportunities in decentralised finance
The FSRA has issued this discussion paper to foster dialogue amongst the DeFi community, including financial institutions, digital asset businesses, and policy makers
Binance receives initial nod from Abu Dhabi’s FSRA to operate as a broker-dealer in virtual assets
After successfully completing its ADGM FSRA application, Binance will able to offer its virtual assets services and offerings to customers across the MENA region through its subsidiary, Binance (AD) Limited
ADGM asset manager waives fees for Abu Dhabi Golden Visa holders and government employees
FinaMaze adopts a human-AI approach to automatically build and rebalance personalised “smartfolios”, in line with each investor’s risk profile
Abu Dhabi’s ADGM, FSRA look to amend framework on virtual assets, spot commodities, and emissions
Proposed changes include amendments to the risk disclosure requirements, and allowing regulated MTF/custodian groups within ADGM to conduct non-fungible token (NFT) activities
Yoshi Markets gets financial services permission to operate as custodian for virtual assets and multi-lateral trading facility
Yoshi Markets will provide a full-fledged regulated eco-system that offers transparency, security, and a marketplace for virtual assets approved by the FSRA, with all elements such as trading, settlement, custody, and wallet services
Abu Dhabi’s financial regulator opens up ADGM to local, global digital banks
The Financial Services Regulatory Authority (FSRA) will require digital banks to have a base capital requirement of $10m