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Tether USDT has obtained regulatory approval from Abu Dhabi and officially becomes a recognized virtual asset.
ChainCatcher news, Tether announced that its USDT stablecoin has obtained approval from the Financial Service Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM) and has become an accredited virtual asset (AVA). This approval enables authorized persons who are operated and licensed by the FSRA to provide pre-approved services related to USDT.