The price of BNB rises after regulatory milestone for Binance
Bitcoin and cryptocurrency exchange received an ADGM license in Abu Dhabi.
The price of BNB, the cryptocurrency created by the Binance exchange, surged upward driven by regulatory news.
In the last 7 days, the price of BNB increased from 825 to 910 dollars, representing a rise of 10.3%.
The most recent news that strengthens and supports this good performance is that today, December 8, Binance received a license from the Financial Services Regulatory Authority (FSRA) of ADGM, under a "world-class supervision framework".
They also explained that, with this license, users will benefit from one of the strongest consumer protection regimes in the world.
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