Publication
FSRA proposes expanded regulatory framework for fiat-referenced tokens
On September 9. 2025, the Financial Services Regulatory Authority (FSRA), the financial services regulator in the Abu Dhabi Global Market (the ADGM), published Consultation Paper No. 9 of 2025 (CP9), outlining a comprehensive proposed regulatory framework for Regulated Activities involving Fiat-Referenced Tokens (FRTs).