Binance Receives FSRA License in Abu Dhabi
Date: 2025-12-09 Author: Oliver Abernathy Categories: BUSINESS
Binance announced it has received a full license from the Financial Services Regulatory Authority (FSRA), operating within the Abu Dhabi Global Market (ADGM). This decision elevated the company's status as the first global crypto exchange to successfully complete the full licensing process in this jurisdiction. The platform's representatives emphasized that this new regulatory status opens access to client services in one of the most respected global regulatory environments.
ADGM has long established itself as a major international financial center focused on interactions with markets in Europe, Asia, and the Middle East. Its infrastructure is renowned for its strict standards, transparency, and modern approach to digital asset regulation. The FSRA's regulatory framework is considered one of the most sophisticated in the industry, and ADGM's membership in IOSCO strengthens the license's international recognition, effectively transforming it into a tool for simplified entry into foreign markets.
Binance noted that receiving the permit was a confirmation of the company's commitment to high standards of corporate governance, transparency, and protecting the interests of its users. To comply with the regulator's requirements, the exchange has implemented a structure consisting of three distinct divisions, each responsible for its own operations.
The first division, Nest Services Limited, which will soon be renamed Nest Exchange Limited, has received investment exchange status. It will operate as an operating platform with a multilateral trading mechanism. The second division, Nest Clearing and Custody Limited, is accredited as a clearinghouse with expanded powers for depository activities and acting as a central securities depository. The third division, BCI Limited, which will later become Nest Trading Limited, has received broker-dealer rights with the ability to conduct investment transactions, manage assets, and provide a wide range of related financial services.
The company emphasizes that this distribution of functions is consistent with the approach adopted in the TradFi sector. It ensures a clear separation of roles across all stages—from trade execution to asset custody—and guarantees that operations are executed in accordance with formal regulatory requirements.
Binance Co-CEO Richard Teng stated that the ADGM license confirms not only the robustness of its internal procedures but also compliance with the highest global standards. He added that FSRA status strengthens the trust of partners and users by ensuring transparency of business processes, enhanced oversight of clearing, and a more predictable operating model.
For the company's clients, this means a higher level of security, additional asset protection, and the confidence that the platform's activities are overseen by one of the most stringent regulators in the digital asset space.
