The global trading platform Binance has become the first cryptocurrency platform in the world to obtain a comprehensive license to operate under the Abu Dhabi Global Market (ADGM) from the Financial Services Regulatory Authority (FSRA) — which is a significant regulatory achievement in the digital assets sector
🏦 What happened?
The FSRA in the Abu Dhabi Global Market has granted a full license to Binance.com to operate as a licensed digital trading platform within a strong and internationally recognized regulatory framework.
ADVFN
The license includes several legal entities within ADGM covering trading, settlement, and custody operations, in addition to over-the-counter (OTC) brokerage services — making the license comprehensive for all operational aspects
📍 Why is this important?
1. Enhancing trust and compliance
Obtaining this license means that Binance is now operating within a strong regulatory framework, which increases user protection and reduces the risks of fraud and mismanagement compared to unregulated platforms.
Gulf Business
2. A global regulatory framework
ADGM is considered one of the most respected financial regulatory frameworks globally, with standards that align with international best practices. This gives Binance greater legitimacy in front of investors and financial institutions.
ADVFN
3. A boost for the adoption of digital currencies
The UAE, particularly Abu Dhabi, is enhancing its position as a global hub for digital currencies and digital assets, which could lead to:
Attracting new companies and projects to the region
Increased use of digital assets in financial services
Accelerating the adoption of digital currencies among institutions and ordinary users in the Middle East and North Africa.
📅 When does it start?
Binance is expected to start operating under the new license framework beginning January 2026, which represents a tangible step towards integrating the platform within the UAE regulatory environment
