Home   News   Features   Interviews   Magazine Archive   Industry Awards  
Subscribe
Securites Lending Times logo
Leading the Way

Global Asset Servicing News and Commentary
≔ Menu
Securites Lending Times logo
Leading the Way

Global Asset Servicing News and Commentary
News by section
Subscribe
⨂ Close
  1. Home
  2. Digital assets news
  3. Binance.com gains authorisation from FSRA
Digital assets news

Binance.com gains authorisation from FSRA


08 December 2025 UAE
Reporter: Zarah Choudhary

Generic business image for news article
Image: boule1301/stock.adobe.com
The Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM), has formally approved the authorisation of Binance's global platform, Binance.com, under a comprehensive regulatory framework.

A license granted by FSRA of ADGM offers Binance credibility and seamless access across multiple markets, extending well beyond the United Arab Emirates (UAE), says the firm.

This regulatory approval covers Binance's global platform, Binance.com, via three separate regulated entities operating within ADGM.

Each of the three entities — an exchange, a clearing house, and a broker dealer — holds distinct regulatory permissions to carry out specific financial services activities in line with ADGM's regulatory framework.

Nest Services (to be soon renamed Nest Exchange) has been approved as a Recognised Investment Exchange (RIE), with permission to operate a multilateral trading facility.

This entity is responsible for all on-exchange trading activities, including spot and derivatives products.

Nest Clearing and Custody has been approved as a Recognised Clearing House (RCH), with additional permissions to provide custody and Central Securities Depository (CSD) services.

It will manage the clearing, settlement, and custody of digital assets.

BCI (to be soon renamed Nest Trading) 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 trading, conversion services, and other principal-based activities.

Richard Teng, co-CEO of Binance, comments: “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 adds: “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.”

His Excellency Ahmed Jasim Al Zaabi, chairman of ADGM, says: “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.”
NO FEE, NO RISK
100% ON RETURNS If you invest in only one asset servicing news source this year, make sure it is your free subscription to Asset Servicing Times
Advertisement
Subscribe today
Knowledge base

Explore our extensive directory to find all the essential contacts you need

Visit our directory →

Discover definitions, explanations and related news articles in our glossary

Visit our glossary →