Binance receives the "Middle East Golden Key": The first in the world to obtain full license from ADGM, making another stride in compliance
On December 8, Binance recently added a shiny new badge to its license wall — this largest cryptocurrency exchange in the world has officially obtained the "full license" from the Abu Dhabi Global Market (ADGM) Financial Services Regulatory Authority (FSRA). This is not only a milestone in Binance's development history but also a key step in the global cryptocurrency industry's compliance process: Binance becomes the first platform to complete a comprehensive regulatory review under the ADGM framework, and its operations will be fully subject to the "tight regulations" of international top financial standards.
The three entities approved this time have clearly defined responsibilities, resembling the "iron triangle" of traditional financial institutions: Nest Exchange Services Limited is the "trading brain", responsible for all trading activities including spot and derivatives; Nest Clearing and Custody Limited acts as the "vault steward", specializing in clearing, settlement, and digital asset custody; Nest Trading Limited is the "flexible intermediary", handling over-the-counter trading and instant exchange tailored needs. This "divided kitchen" model not only meets ADGM’s requirements for risk isolation but also exposes each link to the regulatory spotlight.
Interestingly, this "compliance upgrade" was not a sudden attack. Previously, Binance's main services were provided by Nest Services Limited (soon to be renamed Nest Exchange Limited), and after 16:00 on January 5, 2026, all businesses will seamlessly transition to the new structure. This "soft landing" transition reflects Binance's emphasis on user experience and reveals its precise control over compliance rhythm — after all, behind 300 million users and $125 trillion in trading volume, there is no room for carelessness.
Binance's co-CEO Richard Teng's statement is quite thought-provoking: "Obtaining the ADGM license is like receiving a 'certificate of trust' in the global financial circle." This is true, as ADGM, as a financial hub in the Middle East, has regulatory standards aligned with international norms that even traditional banks must respect. Meeting the standards within such a framework indicates that Binance has reached the required levels in anti-money laundering, user protection, and risk control systems. As he said, this is not the end, but a new starting point for Binance to build the "most trusted cryptocurrency ecosystem".
This week's hot token s s s
0xca1027a3c6f7711019d85631c9264cadd795331d
