Coinbase has secured a license from the Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Globa…

Coinbase has secured a license from the Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM), and will establish an international tokenized asset hub in the region. The license allows Coinbase to arrange investment transactions and custody tokenized securities. The company plans to launch digital securities backed by underlying stocks, which will be registered and issued under ADGM's regulatory framework. The Abu Dhabi operation will run in parallel with Coinbase's derivatives business in Dubai, serving as a key base for its expansion into markets outside the United States.