Katana Crypto Gains Indian Regulatory Boost Through Binance ADGM Entities

The Katana (KAT) cryptocurrency has regulatory backing in India through Binance's ADGM entities, which are recognized by the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Markets (ADGM).

Nest Exchange Limited is a Recognised Investment Exchange (Derivatives), while Nest Clearing and Custody Limited is a Recognised Clearing House. These entities operate in accordance with specific stipulations.

Binance's ADGM entities are authorized to carry out various Regulated Activities, including dealing in investments as principal or agent, arranging deals in investments, managing assets, providing money services, and arranging custody.