🎉 Binance Secures Landmark Global License Under ADGM Framework! 🇦🇪
Binance, the world’s largest crypto exchange, has achieved a global first by securing comprehensive regulatory approval from the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM). This landmark approval covers Binance's global platform, Binance.com. • Global Standard: This makes Binance the first crypto exchange to operate under ADGM's "gold-standard" regulatory framework, setting a new benchmark for digital-asset regulation worldwide. • Three Regulated Entities: The approval encompasses three distinct entities operating within ADGM: • Nest Exchange Limited: Approved as a Recognised Investment Exchange (RIE) for spot and derivatives trading. • Nest Clearing and Custody Limited: Approved as a Recognised Clearing House (RCH) for clearing, settlement, and secure custody. • Nest Trading Limited: Approved as a Broker-Dealer for "off-exchange" offerings like OTC trading. • Strategic Impact: • Strengthens Binance's commitment to compliance, transparency, and user protection, providing regulatory clarity for its global operations from ADGM. • Reinforces the UAE's position as a leading international hub for financial innovation and digital assets. • Scale: Binance boasts over 300 million registered users globally and more than US$ 125 trillion in cumulative trading volume. • Operational Start: ADGM-regulated activities for Binance.com are set to commence on January 5, 2026.