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The company says the new framework gives its global platform clearer market access and stronger institutional credibility after years of scrutiny over loosely regulated venues.

Binance has secured three new licences in Abu Dhabi, tightening its grip on one of the most ambitious digital asset hubs in the Middle East and giving the exchange a powerful regulatory base as it pushes to keep institutional money on side.
The Financial Services Regulatory Authority of Abu Dhabi Global Market has approved Binance.com to operate through a trio of regulated entities that together cover exchange, clearing and broker dealer activities.
The authorizations were granted during Abu Dhabi Finance Week and apply to Binance’s global platform, not just a regional offshoot, which is a key point for professional traders watching where the exchange can legally serve them.
Binance Builds Multi-Entity Structure For Exchange, Clearing And Trading
Under the new structure, Nest Services Limited, which will be renamed Nest Exchange Limited, has been approved as a recognized investment exchange with permission to run a multilateral trading facility. It will host Binance’s on exchange business, including spot and derivatives markets.
Nest Clearing and Custody Limited has been approved as a recognized clearing house with added custody and securities depository permissions, putting it in charge of clearing, settlement and safekeeping of digital assets.
A third entity, BCI Limited, set to become Nest Trading Limited, holds a broker dealer licence that covers dealing and arranging in investments, asset management, custody arrangements and money services, including over the counter trading and conversion.
Binance Leans On ADGM Regime To Reinforce Compliance And Global Reach
Binance has described the package as a comprehensive regulatory framework for Binance.com and a global first for the platform. The company says the approvals give it a cleaner path into multiple markets beyond the UAE and help it present itself as a more predictable counterparty to institutions that have grown wary of loosely regulated venues after a series of blow ups. Richard Teng, Binance’s co-chief executive and a former senior executive at Abu Dhabi Global Market, said in a statement that working under the authority’s regime reflects a commitment to compliance, transparency and user protection.
He argued that the licence brings regulatory clarity and legitimacy and allows Binance to support its global operations from Abu Dhabi while keeping a distributed operating model that taps talent around the world.
Rising Crypto Investments Show Abu Dhabi Positioning Itself As Digital Finance Hub
For Abu Dhabi, the deal fits neatly into a broader push to turn its oil wealth and sovereign funds into long term exposure to digital assets and financial technology. The emirate, which sits on roughly $2 trillion in sovereign wealth, has been steadily increasing its footprint in crypto.
The Abu Dhabi Investment Council, an independently run arm of Mubadala Investment, more than tripled its holding in BlackRock’s iShares Bitcoin Trust during the third quarter, taking the position to almost 8m shares as of Sept. 30, worth about $518m at the time.
Binance also has direct financial ties to the city. In March, the exchange secured a $2b investment from AI-focused investor MGX, chaired by Sheikh Tahnoon bin Zayed Al Nahyan, one of the most influential figures in the emirate’s financial and security establishment.$ETH
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Bitcoin inched higher on Sunday, reclaiming the $90,000 price tag as traders await the Federal Reserve’s last interest-rate decision for the year and this week’s latest jobs data.

The world’s largest crypto is up 1.8% on the day to $91,950 and has since recovered from its early December lows near $85,000, according to CoinGecko data. The asset is up 5.3% for the month.Bitcoin has been caught in a narrow trading range following the $19 billion leverage wipeout in early October, amid fears of sticky inflation that could complicate the Fed’s path to future rate cuts.

"Shifting rate expectations ripple through crypto funding markets in Asia far more quickly than traditional asset classes," Michael Wu, CEO of Amber Group, told Decrypt.

"We’re seeing funding spreads and borrow costs move in lockstep with global rate guidance," Wu added. "This drives a critical re-evaluation of treasury strategies; many desks are diversifying liquidity across CeFi and DeFi venues to isolate against volatility and optimize opportunities as macro cycles accelerate."

Services inflation, meanwhile, has cooled from last year’s peaks but remains firmer than goods prices, with shelter still running above the Fed’s target.That uneven progress has complicated the Fed’s disinflation plan and kept traders wary of how far and how quickly rate cuts might unfold, including the central bank's final decision for the year on Wednesday.
With that setup weighing on investor sentiment, gold and silver have soared, while Bitcoin lingers as the digital asset remains more sensitive to macro shocks than U.S. equities.
Bitcoin Short-Term Holder Shakeout Could Accelerate Recovery Above Key Level
“Low liquidity is still an issue for the market,” Ryan McMillin, chief investment officer at Merkle Tree Capital, told Decrypt. “Since the October 10 event, order books were wiped out, and market makers are shy to jump back in in size.”
Economists are forecasting a spike in initial jobless claims on Thursday of 30,000, up from the previous reported figure of 191,000, MarketWatch data shows.That could bolster the Fed’s case for a cut now that economic data releases have returned to schedule following delays caused by the longest government shutdown in U.S. history.
Precious Metals Soar, Bitcoin Stalls as Investors Hedge Fed 'Policy Error'A cut to the Fed’s funds rate is typically seen as a boon for risk assets, as borrowing becomes cheaper, potentially leading to a rally in risk assets, including crypto, or so the thinking goes.
With economic data now flowing normally again, McMillin said “a cut is not just about certain,” adding that with the Fed ending quantitative tightening on December 1, “the market is set to rally.”The rate cut might be the catalyst for that to start,” he said.

Bitcoin continues to struggle beneath a month-long downtrend after failing once again to break above it. The crypto king is trading without clear support from macro financial markets, leaving its trajectory uncertain. 
However, investors appear increasingly active, and their accumulation could help stabilize price action if institutional capital joins in. Bitcoin Holders Are Stepping Up
Exchange balances have seen a sharp decline over the past week, signaling renewed confidence among holders. More than 23,385 BTC have been withdrawn from trading platforms in seven days, representing over $2.15 billion in accumulated supply. This shift has pushed exchange reserves to their lowest level since January 2021, a period associated with strong bullish conviction.Such pronounced outflows often reflect longer-term holding behavior, reinforcing optimism even during bearish conditions. With less available supply on exchanges, selling pressure eases, improving the likelihood of a potential recovery. This investor-driven accumulation could provide meaningful support for Bitcoin if broader market forces stabilize.

The Bitcoin Trend Accumulation Score is also signaling noteworthy activity. Distribution has eased considerably at current price levels, with smaller holders accumulating aggressively and larger cohorts accumulating at a moderate pace. This dynamic reflects growing retail confidence and reduced sell-side pressure across several wallet groups.

However, the absence of strong “smart money” participation remains a concern. Large institutional holders tend to influence price direction more significantly, and their hesitation could hinder Bitcoin’s ability to convert retail-driven accumulation into a sustained rally.

Bitcoin Exchange Supply Nears 5-year Low After $2 Billion Buy This Week

Bitcoin continues to struggle beneath a month-long downtrend after failing once again to break above it. The crypto king is trading without clear support from macro financial markets, leaving its trajectory uncertain. 
However, investors appear increasingly active, and their accumulation could help stabilize price action if institutional capital joins in.
Bitcoin Holders Are Stepping Up
Exchange balances have seen a sharp decline over the past week, signaling renewed confidence among holders. More than 23,385 BTC have been withdrawn from trading platforms in seven days, representing over $2.15 billion in accumulated supply. This shift has pushed exchange reserves to their lowest level since January 2021, a period associated with strong bullish conviction.
Such pronounced outflows often reflect longer-term holding behavior, reinforcing optimism even during bearish conditions. With less available supply on exchanges, selling pressure eases, improving the likelihood of a potential recovery. This investor-driven accumulation could provide meaningful support for Bitcoin if broader market forces stabilize.
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The Bitcoin Trend Accumulation Score is also signaling noteworthy activity. Distribution has eased considerably at current price levels, with smaller holders accumulating aggressively and larger cohorts accumulating at a moderate pace. This dynamic reflects growing retail confidence and reduced sell-side pressure across several wallet groups.
However, the absence of strong “smart money” participation remains a concern. Large institutional holders tend to influence price direction more significantly, and their hesitation could hinder Bitcoin’s ability to convert retail-driven accumulation into a sustained rally.

BTC Price Remains Stuck
Bitcoin is trading at $92,047, holding above the critical $91,521 support level while remaining trapped under the month-long downtrend. Recovering from this position requires a decisive breakout, which has yet to materialize despite recent attempts.
Invalidating the downtrend demands a flip of $95,000 into support. Given the ongoing accumulation and tightening of exchange supply, such a move remains possible. Additional support from institutional buyers would further strengthen Bitcoin’s path toward $100,000, restoring bullish momentum.

If large holders remain sidelined, Bitcoin may continue to struggle. A failure to sustain support could send BTC back below $89,800 and toward $86,822. This would reinforce bearish sentiment and delay recovery attempts.