Circle Expands in Middle East with ADGM License and Leadership Appointment
- Circle Internet Group has secured a Financial Services Permission (FSP) license from the Abu Dhabi Global Market (ADGM) Financial Services Regulatory Authority.
- The announcement was made on December 9, 2025, marking a significant step for Circle’s expansion in the Middle East.
- Dr. Saeeda Jaffar has been appointed as the new Managing Director for the region, bringing extensive experience from her previous role at Visa.
Circle’s acquisition of an FSP license from ADGM underscores its strategic push into the Middle Eastern market, enhancing its regulatory compliance and operational capacity in the region.
This move is further strengthened by Dr. Saeeda Jaffar’s appointment, leveraging her expertise to drive regional growth and engagement for Circle’s stablecoin initiatives. (Source)
