Binance secures license under ADGM framework
Binance has received full authorization from the Financial Services Regulatory Authority (FSRA) of ADGM to operate its global platform, Binance.com, under a world-class supervisory framework.
Three licensed entities – an exchange, a clearing house, and a broker-dealer – will separately perform trading, custody, settlement, and off-exchange activities, mirroring traditional financial-market infrastructure.
ADGM, the international financial centre of Abu Dhabi, is recognized worldwide for its rigorous supervisory standards, forward-thinking approach to digital-asset regulation, and the clarity it brings to emerging financial technologies.
To meet ADGM’s regulatory requirements, Binance will operate through three distinct licensed entities, each aligned with globally recognized financial-market architecture:
- Nest Services Limited (soon to be renamed “Nest Exchange Limited”) has been approved as a Recognised Investment Exchange (RIE) with permission to operate a Multilateral Trading Facility. It will operate the platform’s on-exchange activities, including spot and derivatives trading.
- Nest Clearing and Custody Limited has been approved as a Recognized Clearing House (RCH), with additional permissions to provide custody and CSD services. This entity will oversee clearing, settlement, and the secure custody of digital assets, ensuring the highest standards of operational resilience, segregation of responsibilities, and asset protection.
- BCI Limited (soon to be renamed “Nest Trading Limited”) has been approved as a Broker-Dealer, with permissions to deal in investments, arrange deals in investments, manage assets, arrange custody and provide money services. This entity will deliver Binance’s off-exchange offerings, including OTC services, conversion, and principal-based activities. This separates market-making and brokerage functions from exchange operations, strengthening risk controls and transparency.
This structure mirrors the regulatory architectures used in traditional finance, separating responsibilities, strengthening risk controls, and creating clear safeguards for users.
Binance Co-CEO Richard Teng commented:
“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.”
Teng added that the license “provides the regulatory clarity and legitimacy needed to support our global operations from ADGM,” stressing that while Binance remains a distributed organization that leverages talent and innovation worldwide, this regulatory foundation offers our users peace of mind knowing that Binance operates under a globally recognized, gold-standard framework.
His Excellency Ahmed Jasim Al Zaabi, Chairman of ADGM, shared:
“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.”
Subject to final operational preparations, Binance.com will begin regulated activities under the ADGM framework on January 5, 2026.
