Binance secures global ADGM licenses to operate international platform

Binance has secured three crucial licenses from the Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM), allowing it to operate its exchange, clearing house, and broker-dealer services under the FSRA's regulatory framework. The approved entities are Nest Exchange Limited, Nest Clearing and Custody Limited, and Nest Trading Limited. Binance co-CEO Richard Teng stated that these licenses provide regulatory clarity and legitimacy, supporting global operations from ADGM under a globally recognized framework that safeguards users. Operating under ADGM's regime offers enhanced consumer protections and oversight, with Binance planning to commence regulated activities starting January 5, 2026. This move builds upon Binance's existing presence in the UAE, including a virtual asset service provider license in Dubai obtained in April 2024.

(Source：Cointelegraph)