Binance has made a pivotal advancement in its operations within the United Arab Emirates (UAE) by securing full regulatory authorization for its global platform, Binance.com, under the Abu Dhabi Global Market (ADGM) framework. This milestone comes after years of operating licensed entities in Dubai under the Virtual Assets Regulatory Authority (VARA) and in Abu Dhabi for custody services.
During the Binance Blockchain Week in Dubai, Co-CEO Richard Teng highlighted that the company is now regulated in 21 jurisdictions worldwide. The authorization of Binance.com under ADGM”s framework represents the first time the global platform will be included under the UAE”s regulatory umbrella, moving beyond the previously established local subsidiaries.
The Financial Services Regulatory Authority (FSRA) of ADGM has officially granted this authorization, enabling Binance.com to operate under a comprehensive multi-entity structure. This includes Nest Services Limited, which will be renamed Nest Exchange Limited, recognized as a Recognized Investment Exchange (RIE) permitted to facilitate spot and derivatives trading. Additionally, Nest Clearing and Custody Limited has been approved as a Recognized Clearing House (RCH), with permissions to provide custody and Central Securities Depository (CSD) services. BCI Limited, soon to be named Nest Trading Limited, has also received approval as a Broker-Dealer with extensive permissions, including asset management and custody services.
Richard Teng expressed the significance of this regulatory approval, stating, “Achieving regulatory status through ADGM”s respected framework reflects our deep commitment to compliance, transparency, and user protection.” He emphasized that the FSRA”s license demonstrates that Binance adheres to the highest international standards for compliance, governance, and consumer protection.
His Excellency Ahmed Jasim Al Zaabi, Chairman of ADGM, welcomed Binance”s presence, reinforcing Abu Dhabi”s status as a leading international hub for financial innovation and sustainable growth. Al Zaabi expressed enthusiasm for Binance leveraging ADGM”s progressive regulatory framework to contribute to the evolution of the global financial sector.
Binance”s global platform currently supports over 300 million registered users and has facilitated more than $125 trillion in cumulative trading volume. The company anticipates launching its ADGM-regulated activities on January 5, 2026, pending final operational preparations.
This development is a continuation of the strengthening relationship between Binance and Abu Dhabi, further establishing the emirate as a focal point for the exchange”s global strategy. While Binance has not officially designated Abu Dhabi as its headquarters, the regulatory positioning of Binance.com under ADGM solidifies the emirate”s role in the exchange”s expansion.
