Binance has officially received regulatory authorisation from the Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM). The approval extends to Binance’s global platform, Binance.com, under a comprehensive regulatory framework designed to enhance compliance and market integrity.
The authorisation covers three entities operating within ADGM, each with distinct permissions:
- Nest Services Limited (to be renamed Nest Exchange Limited) has been approved as a Recognised Investment Exchange (RIE), enabling it to operate a Multilateral Trading Facility and support on-exchange trading for both spot and derivatives markets.
- Nest Clearing and Custody Limited is authorised as a Recognised Clearing House (RCH), responsible for clearing, settlement, custody, and central securities depository functions. This strengthens operational resilience and ensures the protection of user assets.
- BCI Limited (to be renamed Nest Trading Limited) has been approved as a Broker-Dealer, allowing it to deal in investments, arrange transactions, manage assets, provide custody services, and offer money services. It will also support OTC trading and conversion services.
Richard Teng, Co-CEO of Binance, said:
“Holding an FSRA license under their gold-standard framework shows that Binance meets the highest international standards for compliance, governance, risk management, and consumer protection.”
He noted that this regulatory milestone delivers greater clarity, strengthens global compliance, and enables Binance to operate confidently under a trusted regulatory structure within ADGM.
Ahmed Jasim Al Zaabi, Chairman of ADGM, commented:
“We are pleased to welcome Binance to ADGM. Their presence underscores Abu Dhabi’s standing as a leading international hub for innovation and the future of finance.”
With over 300 million users and more than US$125 trillion in cumulative trading volume, Binance is preparing to begin regulated operations under ADGM starting 5 January 2026, marking a major step toward deeper institutional trust and market expansion.
