Tag "Abu Dhabi Global Market"
14 Financial Institutions Confirm Setup in Abu Dhabi in One Week Including JP Morgan
Abu Dhabi Global Market (ADGM) announced during this week’s Abu Dhabi Finance Week not less then 14 major financial institutions representing a total AUM of USD 452bn have committed to establishing new operations in ADGM. A year into Abu Dhabi’s
Read More
Nomura’s Digital Asset Subsidary Receives In-Principal Approval From Abu Dhabi Global Market
Laser Digital, Nomura’s digital asset subsidiary, announces that it has been granted In-Principal Approval (IPA) by the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM), with formal regulatory licensing subject to the fulfilment of a number of
Read More
ADGM is Seeking Feedback on DLT Consultation Paper
The Registration Authority (RA) of Abu Dhabi Global Market (ADGM) has issued a consultation paper to explain the proposed Distributed Ledger Technology Foundations Regulations 2023, and seeking public feedback and comments on the proposed new legislative framework for foundations that facilitate Distributed
Read More
Sygnum Bank Middle East Launches in Abu Dhabi
Sygnum Bank Middle East has received a Financial Services Permission (FSP) from the Abu Dhabi Global Market (ADGM) Financial Services Regulatory Authority (FSRA), following its in-principle approval in October 2022. Seasoned Middle East Executive, Giulia Finkbeiner-Bertoni, leads Sygnum’s operations across
Read More
Halo Investing Comes to Abu Dhabi
Halo Investing, a global Wealthtech headquartered in Chicago announced that it has secured its Financial Services Permission (“FSP”) from Abu Dhabi Global Market (“ADGM”)’s Financial Services Regulatory Authority (“FSRA”) effective 19 January 2023. Halo Investing secured 100m USD investment back in
Read More
ADGM Partners With Zand Bank to Support Technology SMEs in Abu Dhabi
Abu Dhabi Global Market (ADGM)and Zand Bank PJSC, the UAE’s first all-digital bank licensed by the UAE Central Bank, have signed a Memorandum of Understanding (MoU) to support UAE Technology SMEs and provide preferential banking services. The agreement will focus
Read More
Etisalat Partners With Abu Dhabi Global Market to Digitally Enable Startups and Businesses
Etisalat UAE, branded etisalat by e&, has partnered with Abu Dhabi Global Market (ADGM), the capital’s financial centre, to provide digital solutions and products to all new tenants and startups, accelerating its digital transformation journey and vision to deliver the
Read More
Kraken: First Licensed Global Virtual Asset Exchange in Abu Dhabi
Abu Dhabi Global Market (ADGM) welcomes Kraken to its fast-growing virtual asset community and financial ecosystem. Kraken is the first global cryptocurrency exchange to receive a Financial Services Permission (FSP) license to operate a regulated virtual asset exchange platform in the
Read More
Binance Secures In-Principle Approval to Operate in Abu Dhabi
Binance, a global blockchain ecosystem and cryptocurrency infrastructure provider, received its in-principle approvals to be a regulated virtual asset service provider in Abu Dhabi. The company received the in-principle approval from the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market
Read More
ADGM Launches 5th Fintech Abu Dhabi Innovation Challenge
The Abu Dhabi Global Market (ADGM) has launched the fifth edition of its flagship initiative Fintech Abu Dhabi Innovation Challenge. The challenge is part of the upcoming Fintech Abu Dhabi festival to be held in November this year. The ADGM
Read More