Share
Share this article
Copy linkX (Twitter)LinkedInFacebookEmail
Policy
Share
Share this article
Copy linkX (Twitter)LinkedInFacebookEmail
Binance Wins Full ADGM Approval for
Policy
Share
Share this article
Copy linkX (Twitter)LinkedInFacebookEmail
Binance Wins Full ADGM Approval for
Binance Wins Full ADGM Approval for Exchange, Clearing, and Brokerage Operations
Binance Wins Full ADGM Approval for Exchange, Clearing, and Brokerage Operations
Abu Dhabi’s Financial Services Regulatory Authority has granted licenses to three Binance entities covering exchange, clearing, and brokerage functions.
By Sam Reynolds|Edited by Omkar Godbole
Dec 8, 2025, 5:15 a.m.
What to know:
- Binance has received authorization from Abu Dhabi Global Markets (ADMG) to operate under a comprehensive exchange, clearing, and brokerage framework.
- The approval allows Binance to structure its operations into three regulated entities under the Nest brand, covering exchange, clearing, and trading functions.
- Binance's presence in Abu Dhabi aligns with regulatory standards and underscores the region's role as a hub for financial innovation.
In this article
BTCBTC$91,377.04◢2.04%SOLSOL$135.20◢1.73%
Binance has secured authorization from Abu Dhabi Global Markets (ADGM), Abu Dhabi's special economic zone for finance, to operate under a comprehensive exchange, clearing, and brokerage framework according to a press release from Binance.
The approval breaks Binance’s business into three regulated components that mirror a traditional market stack in a traditional finance exchange. Binance’s ADGM presence will be organized under three locally incorporated entities branded as Nest, a regulatory requirement that allows the Financial Services Regulatory Authority to supervise each function separately.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the State of Crypto Newsletter today. See all newsletters
Sign me up
Nest Exchange has been licensed as a Recognized Investment Exchange to operate spot and derivatives trading. Nest Clearing and Custody has been authorized as a Recognized Clearing House with additional custody and CSD permissions, giving the regulator oversight of clearing, settlement, and asset safeguarding. Nest Trading has been approved as a broker-dealer covering off-exchange and OTC activity.
Although structured under the Nest brand, all three entities are controlled by Binance and serve as the licensed infrastructure through which Binance.com will operate in Abu Dhabi, aligning the platform with the market-structure standards regulators are pushing global exchanges to adopt.
Richard Teng, Binance’s co-CEO, said the framework reflects a commitment to “compliance, transparency, and user protection,” while His Excellency Ahmed Jasim Al Zaabi, ADGM’s chairman, said Binance’s arrival underscores Abu Dhabi’s role as a “leading international hub for innovation, sustainable growth, and the future of finance.”
Binance and ADGM did not respond to a CoinDesk request for comment on the possibility of moving its global headquarters to Abu Dhabi.
Binance has been on the hunt for a jurisdiction to call home for some time, with Teng telling CoinDesk in 2024 that the process would take some time and the company needed to be "thoughtful" about it.
BinanceAbu Dhabi
More For You
Protocol Research: GoPlus Security
Commissioned byGoPlus
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
View Full Report
More For You
State of Crypto: Wrapping Up the Month
Congress continues to make progress on crypto issues but things are moving slowly.
Read full story
Latest Crypto News
ETH, ADA, XRP Lead Gains as Bitcoin Edges Higher on Fed Rate Cut Expectations
Buyers Step In at $2 Floor as XRP Builds on Bitcoin's Hover Above $91K
Crypto Pivots in Play: Bitcoin, Ether at Critical Junctures, XRP Probes $2 Support
Trump's National Security Strategy Ignores Bitcoin And Blockchain
Crypto Has Reinvented and Replatformed the Middle Man
Bitcoin’s Deep Correction Sets Stage for December Rebound, Says K33 Research
Top Stories
Crypto Pivots in Play: Bitcoin, Ether at Critical Junctures, XRP Probes $2 Support
Bitcoin Faces Japan Rate Hike: Debunking The Yen Carry Trade Unwind Alarms, Real Risk Elsewhere
Two Casascius Coins Holding 2K BTC Moved After 13 Years of Inactivity
French Banking Giant BPCE to Roll Out Crypto Trading for 2M Retail Clients
How Much Longer Until We Consider the Bitcoin Power Law Model Invalid?
Euro Stablecoin Market Cap Doubles in Year After MiCA, Study Finds
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
Superstate launches an on-chain direct issuance solution, enabling companies to raise funds in stablecoins to issue tokenized shares.
PANews reported on December 10th that Superstate, led by Compound founder Robert Leshner, announced the launch of "Direct Issuance Programs." This program allows publicly traded companies to raise funds directly from KYC-verified investors by issuing tokenized shares, with investors paying in stablecoins and settling instantly. The service will run on Ethereum and Solana, with the first offering expected to launch in 2026. The program requires no underwriters, complies with SEC regulations, and aims to promote the on-chaining of capital markets.
Share
PANews2025/12/10 21:07
Trump to start final Fed chair interviews beginning with Kevin Warsh
The post Trump to start final Fed chair interviews beginning with Kevin Warsh appeared on BitcoinEthereumNews.com. President Donald Trump will begin the final interviews of candidates for the Federal Reserve chair this week, putting back on track the formal selection process that began this summer. “We’re going to be looking at a couple different people, but I have a pretty good idea of who I want,” Trump said Tuesday night aboard Air Force One to reporters. The interviews by Trump and Treasury Secretary Scott Bessent will begin with former Fed governor Kevin Warsh on Wednesday and also include Kevin Hassett, the director of the National Economic Council, at some point, according to two sources. It restarts the process that was derailed a bit last week when interviews with candidates were abruptly canceled. Trump said recently he knew who he was going to pick to replace current Chair Jerome Powell, and prediction markets overwhelmingly believed it would be Hassett. But his possible selection received some pushback from the markets recently, especially among fixed income investors concerned Hassett would only do Trump’s bidding and keep rates too low even if inflation snaps back. So it’s unclear if these interviews are a sign Trump has changed his mind or just the final stage of the formal process. CNBC first reported in October that Trump had narrowed the candidate list down to five people. Four of those five will be part of these final interviews. The group also includes current Governors Christopher Waller and Michelle Bowman as well as BlackRock fixed income chief Rick Rieder. The Fed will likely lower rates for a third time this year on Wednesday, but Powell, whose term as chair is up in May, is expected to strike a cautious tone at his post-meeting press conference on how much lower the central bank will go next year. The Fed’s latest forecast released in September called…
Share
BitcoinEthereumNews2025/12/10 21:07
Cardano Price Prediction: Why ADA Could Be Headed To Zero As Faster, Cheaper Rivals Gain Traction
Is Cardano the Nokia of crypto? The big and mighty, already a shadow of its former self, is falling. Cardano price predictions put ADA at a big fat zero. Not that ADA is useless, but because the slow snail’s pace is being overtaken by sleeker, cheaper, and better alternatives like Layer Brett. What is it […]
Share
Cryptopolitan2025/09/18 02:43