In a development considered one of the most important transformations in the history of the digital asset industry, Binance has become the first global cryptocurrency trading platform to obtain a full license to operate within the regulatory framework of the Abu Dhabi Global Market (ADGM), under the direct supervision of the Financial Services Regulatory Authority (FSRA). This achievement embodies a qualitative advancement in the path of institutional compliance, and it enhances the confidence of investors and financial institutions in the cryptocurrency sector at the regional and global levels.

This license comes at a time when the United Arab Emirates continues to establish itself as a global hub for digital finance and financial innovation, giving this step a strategic dimension that goes beyond a single platform, encompassing the future adoption of digital currencies across the entire Middle East and North Africa region.

Global license for the Binance.com platform within a high-level supervisory framework

Under this recognition, the Binance.com platform will carry out its global activities under one of the most advanced and respected regulatory frameworks worldwide. This framework gives Binance legal and regulatory capacity to provide its services according to the highest standards of governance, transparency, risk management, and consumer protection.

The Abu Dhabi Global Market is known for its strict supervisory standards and proactive approach in regulating digital assets and emerging financial technologies, making this license a formal recognition that Binance now operates according to standards that rival those in major global financial centers.

An operational structure with three licensed entities to enhance security and transparency

In response to the requirements of the Abu Dhabi Global Market, Binance will operate through three independently licensed entities, reflecting the organizational structure adopted in traditional financial systems:

  • Nest Exchange Limited

    (formerly known as Nest Services Limited)

    It has received recognition as a Recognized Investment Exchange (RIE), managing trading activities, including spot trading and derivatives trading, within a regulated and transparent environment.

    Nest Clearing and Custody Limited

    Recognized as a Recognized Clearing House (RCH), in addition to the authority to provide custodial and central depository services for digital assets, overseeing clearing and settlement processes to ensure the highest levels of asset protection and separation of operational responsibilities.

    Nest Trading Limited

    (formerly known as BCI Limited)

    It operates as a licensed financial intermediary to provide over-the-counter trading services, arrange transactions, manage assets, arrange custody, and provide financial services associated with capital market activities.

This precise functional separation between trading, clearing, and brokerage enhances risk controls, raises transparency levels, and provides clear guarantees for the protection of users' funds.

Gold standards for user protection and market integrity

Operating under the umbrella of the Abu Dhabi Global Market enables Binance to implement one of the strongest consumer protection frameworks in the world, enhancing market integrity, corporate governance, and operational flexibility. This model is considered one of the most comprehensive regulatory frameworks under which any global cryptocurrency platform has operated to date, making it a future reference for international industry regulation.

Official Statement: A Global Commitment to Compliance and Legitimacy

In an official comment, Richard Teng, the co-CEO of Binance, stated that obtaining this regulatory status reflects the platform's deep commitment to compliance principles, transparency, and user protection, emphasizing that the Abu Dhabi Global Market is one of the most respected financial regulatory bodies in the world.

He added that the license issued by the Financial Services Regulatory Authority (FSRA) confirms that Binance meets the highest international standards in governance, risk management, and consumer protection, noting that this recognition provides the platform with the necessary legal clarity and legitimacy to support its global mission.

The expected impact on the future of digital currencies in the region

This license is not viewed merely as a regulatory achievement but as a turning point in the relationship between digital currencies and the institutional financial sector in the region. It is expected to accelerate the entry of major financial institutions into this sector, enhance individual investor confidence, and open the door to broader strategic partnerships within a clear and stable legal environment.

Thus, this step represents a significant transition for the digital asset industry in the Middle East and North Africa from an unregulated growth phase to institutional maturity and global regulation.

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