CryptoBinance secures full ADGM authorization for exchange, custody, and...

Binance secures full ADGM authorization for exchange, custody, and broker-dealer services

-


Key Takeaways

  • Abu Dhabi’s ADGM has granted Binance full authorization to run Binance.com within its mature, globally recognized regulatory regime.
  • Binance will operate under a three-entity structure: a licensed exchange, a clearing and custody house, and a broker-dealer.

Share this article

Binance, a major crypto exchange platform, has received full authorization from Abu Dhabi’s Financial Services Regulatory Authority (FSRA), which enables the company to operate trading venues, clearing infrastructure, and broker-dealer activities in the emirate.

The authorization reflects the UAE’s growing leadership in digital finance and provides Binance with a trusted regulatory home to support global operations. It also reinforces Binance’s expansion into jurisdictions with clear crypto frameworks as the exchange continues to facilitate trading and custody services globally.

Regulated activities are scheduled to commence in early 2026, providing users with enhanced protection under ADGM’s gold-standard framework.

Richard Teng, Binance’s co-CEO who previously worked in financial regulation at Abu Dhabi Global Market, has emphasized the company’s focus on regulatory compliance as it pursues strategic growth opportunities.



Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest news

Centrifuge (CFG) Price Explodes by 63% on New Binance Listing

CFG exploded by more than 60% in minutes after Binance announced that it will list the cryptocurrency on...

US margin debt reached all-time highs as crypto lost $2 trillion

Crypto markets have been penalized with downside volatility amid historic levels of US margin debt relative to income. Source...

Google, Accel India accelerator chooses 5 startups and none are ‘AI wrappers’

Many artificial intelligence startup ideas are still little more than superficial “wrappers” built on top of existing models....

Paris Blockchain Week Poised to Fill Gap Left by Token 2049 Dubai Cancellation

April event expected to draw thousands as industry reshuffles its spring conference calendar. The cancellation of Token 2049...

Advertisement

US SEC dismisses securities lawsuit against BitClout creator Nader Al-Naji

The U.S. Securities and Exchange Commission...

Nobitex users rush for exit after Tehran airstrikes crash Iranian currency

Iran’s largest crypto exchange, Nobitex, is experiencing issues with its Tether/Toman trading pair during a 700% surge in...

Must read

Centrifuge (CFG) Price Explodes by 63% on New Binance Listing

CFG exploded by more than 60% in minutes...

US margin debt reached all-time highs as crypto lost $2 trillion

Crypto markets have been penalized with downside volatility...

You might also likeRELATED
Recommended to you