Abu Dhabi

Abu Dhabi’s Mubadala Investment Company discloses a $436.9M stake in IBIT

Abu Dhabi Crypto Move Abu Dhabi’s Mubadala Investment Company took a giant leap by investing $436.9 million in the iShares Bitcoin Trust ETF. The massive purchase was done in the first quarter of 2024. Mubadala, with assets under management of over $280 billion, purchased around 8.2 million units of the

February 14, 2025 3 mins read

Abu Dhabi Proposes Regulatory Framework for Fiat Referenced Tokens

Abu Dhabi is taking significant steps towards regulating fiat-referenced tokens (FRTs), a specific type of stablecoin. The Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM) introduced a proposed framework on August 20. It aimed at overseeing the issuance and operation of FRTs. FRTs are digital assets

August 21, 2024 2 mins read