3iQ's UAE-based subsidiary receives in-principal approval for a Category 4 license from Abu Dhabi's ADGM financial regulator.
Regulation & Gov ·
3iQ's UAE-based subsidiary has received in-principal approval for a Category 4 license from Abu Dhabi's ADGM financial regulator. The Category 4 designation permits the entity to engage in crypto and digital asset activities under the jurisdiction's framework.
The approval represents a regulatory clearance step within Abu Dhabi's structured approach to digital asset licensing, which operates alongside Dubai's separate VARA authorization pathway. In-principal approval is a preliminary stage that typically precedes full licensure once final documentation and capital requirements are met.
No details have been disclosed regarding the timeline for full license issuance, the capital deployed by the subsidiary, or specific service lines planned under the Category 4 designation.