Within the sandbox, Fuze will be allowed to test digital financial products in a real operating environment with real customers, under the supervision and oversight of CBJ. Fuze will be collaborating with regulators to build seamless, compliant digital asset solutions aimed at serving regulated banks and fintech in Jordan.

Fuze earns approval to enter Jordan

The Fuze announcement was made at an official ceremony hosted by His Excellency Dr. Adel Al-Sharkas, Governor of the Central Bank of Jordan, alongside Deputy Governors His Excellency Mr. Ziad Asa’ad Ghanma and His Excellency Dr. Khaldoun Abdullah Al-Wshah, and the Chairman of the Jordan Securities Commission, His Excellency Mr. Emad Abu Haltam, amongst other senior officials.

Mohammed Ali Yusuf (Mo Ali Yusuf), CEO of Fuze, said, “We are humbled and privileged to be selected by the Central Bank of Jordan to support the advancement of virtual assets within the Kingdom. We welcome the opportunity to collaborate with Jordan’s regulated financial institutions and explore compliant ways to enhance financial services and enable the population to safely trade and own digital assets.”

In late 2025, UAE-regulated Fuze partnered with the Remit Now, Pay Later platform Jazari to support cross-border money movement using compliant blockchain technology to modernize the region’s $200 billion remittance market.

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FUZE Group, through its subsidiary Niobe Payment Services LLC SPC, is now a fully licensed operator for digital assets infrastructure and, through its payments infrastructure division, a regulated payment services provider for the region.

According to the press release, the new license will enable businesses to benefit from faster, more secure payment options, reduced transaction times, and end-to-end compliance. FUZE will also roll out a robust payment stack that brings together advanced technology, seamless user experience, and built-in compliance.

FUZE earns digital asset payment subsidiary license

CEO and Co-Founder of FUZE Mohammed Ali Yusuf (Mo Ali Yusuf) noted that this is the launch pad for the next generation of payments. He said their mission was to provide digital and AI-enabled infrastructure that will drive the future of finance and transform payments. “We are privileged to be granted this license from the Central Bank and look forward to providing cutting-edge, compliant payment infrastructure and novel solutions – like virtual IBANs – for a range of businesses,” he said.

The new platform will use AI technology to support a compliant suite of digital asset payment products for businesses, fintechs, and marketplaces. The services will include digital payments and settlements, AI compliance and fraud detection, and virtual IBANS. Earlier in the year, FUZE was chosen as a provider for The Mastercard Crypto Credential service which facilitates the verification of transactions among consumers and businesses using blockchain networks.

Morpheus Software Technology (FUZE) FZE attained a significant milestone in the realm of Virtual Asset Service Providers (VASPs) by acquiring a VARA license specifically for Broker-Dealer Services. The VARA license allowed FUZE to provide crypto brokerage services to clientele, including institutional investors, qualified investors, and retail investors.

With this license, the company offered two primary services: a Digital Assets as a Service (DAAS), enabling seamless integration of B2B2C digital asset products for banks, fintechs, and enterprises, and a regulated Over-The-Counter (OTC) service, providing investors an efficient option for institutional-level digital asset trading. Before that, FUZE had secured a seed funding round totaling $14 million with investors spearheaded by Further Ventures, a subsidiary of ADQ based in Abu Dhabi, with notable participation from US-based Liberty City Ventures.

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