TheCryptoUpdates

Binance just pulled off something nobody else has done. They got approval from Abu Dhabi’s Financial Services Regulatory Authority to operate their global platform Binance.com under a comprehensive regulatory framework. That’s a first for any crypto exchange globally.

The FSRA of ADGM approved three separate regulated entities for Binance, each handling different parts of the business. Nest Services Limited got approved as a Recognized Investment Exchange for all on-exchange trading including spot and derivatives. Nest Clearing and Custody Limited is handling clearing, settlement, and custody of digital assets. BCI Limited got the broker-dealer license for OTC trading, conversion services, and other off-exchange stuff.

Richard Teng, Binance’s Co-CEO, said getting regulatory status through ADGM’s framework shows their commitment to compliance and user protection. He called ADGM one of the most respected financial regulators globally and said the license gives them regulatory clarity for their worldwide operations.

With over 300 million registered users and more than $125 trillion in cumulative trading volume, this is huge for Binance. They’re planning to start operating under ADGM regulations on January 5th, 2026.

Ahmed Jasim Al Zaabi, ADGM’s Chairman, said Binance’s presence reinforces Abu Dhabi’s position as a leading hub for financial innovation.

Conclusion

Binance’s unprecedented global ADGM license establishes new regulatory precedent for cryptocurrency exchanges, potentially reshaping industry compliance standards while cementing Abu Dhabi’s position as a premier international hub for digital asset regulation.

Also Read: Solana Struggles

Related posts

FCA has Extended the Deadline for Crypto Firms to Register in UK

Weakening Currencies Spike Bitcoin Trading Volume

South Korea Implements Emergency Measures to Curb Risky Crypto Lending

Shivi Verma
Close No menu locations found.