Stablecoin Regulatory Fee Payments
Stablecoin Regulatory Fee Payments
STABLECOIN REGULATORY FEE PAYMENTS – INFORMATION FOR POTENTIAL PROVIDERS
AFSA enables the payment of regulatory fees in USD-pegged stablecoins through approved Providers under the Multilateral Memorandum of Understanding on Cooperation (MMoU).
Under this project:
- AFSA issues regulatory invoices;
- Providers accept stablecoin payments on behalf of payers;
- Providers convert stablecoins into fiat currency and remit the funds to AFSA’s designated bank account;
- Reporting and reconciliation obligations are applied in accordance with the MMoU and its Annex.
The list of approved Providers is published on this page and will be updated on an ongoing basis as new Providers join the MMoU.
Current Providers:
Download: Multilateral Memorandum of Understanding on Cooperation (full text)
HOW TO BECOME A PROVIDER
To join the project, an entity must meet the following requirements:
- Be an AIFC Participant licensed by AFSA to carry on the following Regulated Activities:
- Operating a Digital Asset Trading Facility, and
- Providing Money Services in relation to Digital Assets.
- Fully meet the operational, compliance, and technical criteria set out in the Terms of Reference (ToR).
Download: Terms of Reference for operational eligibility and technical requirements
- Submit an Expression of Intent
If your organisation meets the ToR requirements and wishes to join the MMoU, please send a short Expression of Intent to:
Email: [email protected]
(subject line: “MMoU Provider – Expression of Intent”)
AFSA will review your submission against the ToR and respond with next steps.
AFSA welcomes new collaborations that enhance innovation while maintaining regulatory integrity.
Disclaimer
Information on this page is for general guidance only and does not constitute legal or regulatory advice.
In the event of any discrepancy between this information and AIFC Acts or Rules, the Acts and Rules shall prevail.