Binance Receives Regulatory Recognition from Abu Dhabi Global Markets

Binance, a well-known cryptocurrency exchange, has received regulatory recognition from the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Markets (ADGM).

The ADGM entities recognized by Binance include Nest Exchange Limited, Nest Clearing and Custody Limited, and Nest Trading Limited.

Nest Exchange Limited is designated as a Recognised Investment Exchange (Derivatives), while Nest Clearing and Custody Limited is recognized as a Recognised Clearing House. Nest Trading Limited has been authorized to carry out various regulated activities, including dealing in investments, arranging deals, and providing money services.