NEWS FLASH: Regulatory Green Light for Crypto Giants in Major Market
NEW YORK, December 13, 2025 – 6:37 AM EST
Global cryptocurrency leaders Binance and HTX have achieved a crucial milestone on their path to comprehensive regulatory compliance in a key international jurisdiction.
The firms have successfully secured No Objection Certificates (NOCs) from the local regulatory authority, effectively paving the way for the establishment of fully regulated local subsidiaries.
This development marks a significant step towards securing a Full Operating License.
The NOCs grant Binance and HTX the formal authorization needed to set up their locally governed corporate structures.
These entities will be responsible for meticulously preparing and submitting the extensive documentation required for the final, comprehensive license application.
The move underscores a growing global trend where major cryptocurrency exchanges are prioritizing deep, localized compliance to ensure market access and foster user trust.
By establishing subsidiaries that adhere strictly to domestic financial oversight frameworks, these platforms are demonstrating a commitment to transparency, consumer protection, and anti-money laundering (AML) standards.
This proactive engagement with regulators is essential for the long-term maturation and stability of the digital asset ecosystem.
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