Abu Dhabi Global Market
AbbreviationADGM
Formation2013
Legal statusactive
HeadquartersAl Maryah Island, Abu Dhabi, United Arab Emirates
Websitehttps://www.adgm.com/

Abu Dhabi Global Market (ADGM) is an international financial centre and free zone located on Al Maryah Island in the United Arab Emirates's capital, Abu Dhabi. The financial centre was established in 2013 and became fully operational in October 2015. It has three authorities – the financial services regulator, the registration bureau and the ADGM courts.[1][2]

In January 2015, the Abu Dhabi Global Market announced that it had renamed the location it was based in, “Sowwah Square”, to "Abu Dhabi Global Market Square".[3]

ADGM regulates the trading of digital assets and became an attractive jurisdiction for crypto companies after it introduced digital asset regulation in 2018.[4] That same year ADGM joined the World Alliance of International Financial Centers.[5]

See also

References

  1. ^ "ADGM | Home". www.adgm.com. Retrieved 2018-08-20.
  2. ^ "ADGM FREE ZONE". www.sovereigngroup.com. Retrieved 2020-04-06.
  3. ^ "Abu Dhabi Global Market Announces Headquarters Building On Al Maryah Island #AbuDhabi - Abu Dhabi City Guide". www.abudhabicityguide.com. Retrieved 2018-08-20.
  4. ^ "The countdown to regulated crypto trading in the UAE". AMEinfo.com. 20 March 2020.
  5. ^ "WAIFC Publication on "The role of financial centers in driving economic growth"". Authority WAIFC. Retrieved 2020-08-22.

External links

24°30′04″N 54°23′20″E / 24.50105°N 54.38884°E / 24.50105; 54.38884

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