Binance has received approval from the Financial Services Regulatory Authority (FSRA) in Abu Dhabi Global Market (ADGM) to operate its Binance.com platform under a regulatory framework.
The approval covers Binance’s operations through three separate regulated entities operating within ADGM. The entities will conduct exchange, clearing, custody, settlement, and brokerage activities.
Nest Services Limited, which will be renamed Nest Exchange Limited, has been granted recognition as a Recognised Investment Exchange (RIE). The entity will handle spot trading and derivatives activities on the platform.
ADGM grants Binance three licences for exchange and custody services
Nest Clearing and Custody Limited has received recognition as a Recognised Clearing House (RCH), with permissions to provide custody services and deposit, clearing, and settlement services. The entity will manage clearing, settlement, and custody of assets.
BCI Limited, to be renamed Nest Trading Limited, has been approved as a broker and granted permissions to deal in investments, arrange deals, manage assets, arrange custody services, and provide money services.
The entity will deliver off-platform Binance services, including over-the-counter trading, transfer services, and other activities.
“Achieving regulatory status through ADGM’s respected framework reflects our deep commitment to compliance, transparency, and user protection. ADGM is one of the most respected financial regulators globally, and 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,” Richard Teng, Co-CEO of Binance said in a statement.
“This license provides regulatory clarity and legitimacy, enabling Binance to support its global operations from ADGM. While our global operations remain distributed, leveraging talent and innovation worldwide, this regulatory foundation offers our users peace of mind knowing Binance operates under a globally recognised, gold standard framework. We are grateful for the FSRA’s forward-thinking approach, which safeguards users while fostering innovation,” he added.
Abu Dhabi grants Binance comprehensive licence for digital asset platform
Binance has more than 300 million registered users worldwide, with cumulative trading volume exceeding $125 trillion. The platform will begin operating under ADGM regulation from January 5, 2026, following completion of preparations.
“We are pleased to welcome Binance, a key global player in digital assets and financial innovation, to ADGM. Their presence underscores Abu Dhabi’s standing as a leading international hub for innovation, sustainable growth, and the future of finance. We look forward to seeing them harness the strength of ADGM’s progressive regulatory framework and dynamic ecosystem contributing to the evolution of a more innovative, inclusive, and future-ready global financial sector,” Ahmed Jasim Al Zaabi, Chairman of ADGM explained.
Operating under ADGM’s framework means Binance.com users will benefit from oversight and consumer protection standards while the platform continues its expansion phase with investors, institutions, and individuals.
The development supports the UAE’s position as a centre for innovation in services, with regulatory frameworks and a base of specialists.
