Binance Wins Full ADGM Approval for Exchange, Clearing, and Brokerage Operations

Abu Dhabi’s Financial Services Regulatory Authority has granted licenses to 3 Binance entities covering exchange, clearing, and brokerage functions.

Dec 8, 2025, 5:15 a.m.

Binance has secured authorization from Abu Dhabi Global Markets (ADGM), Abu Dhabi's peculiar economical portion for finance, to run nether a broad exchange, clearing, and brokerage model according to a property merchandise from Binance.

The support breaks Binance’s concern into 3 regulated components that reflector a accepted marketplace stack successful a accepted concern exchange. Binance’s ADGM beingness volition beryllium organized nether 3 locally incorporated entities branded arsenic Nest, a regulatory request that allows the Financial Services Regulatory Authority to supervise each relation separately.

Nest Exchange has been licensed arsenic a Recognized Investment Exchange to run spot and derivatives trading. Nest Clearing and Custody has been authorized arsenic a Recognized Clearing House with further custody and CSD permissions, giving the regulator oversight of clearing, settlement, and plus safeguarding. Nest Trading has been approved arsenic a broker-dealer covering off-exchange and OTC activity.

Although structured nether the Nest brand, each 3 entities are controlled by Binance and service arsenic the licensed infrastructure done which Binance.com volition run successful Abu Dhabi, aligning the level with the market-structure standards regulators are pushing planetary exchanges to adopt.

Richard Teng, Binance’s co-CEO, said the model reflects a committedness to “compliance, transparency, and idiosyncratic protection,” portion His Excellency Ahmed Jasim Al Zaabi, ADGM’s chairman, said Binance’s accomplishment underscores Abu Dhabi’s relation arsenic a “leading planetary hub for innovation, sustainable growth, and the aboriginal of finance.”

Binance and ADGM did not respond to a CoinDesk petition for remark connected the anticipation of moving its planetary office to Abu Dhabi.

Binance has been connected the hunt for a jurisdiction to telephone location for immoderate time, with Teng telling CoinDesk successful 2024 that the process would instrumentality immoderate clip and the institution needed to beryllium "thoughtful" astir it.

State of Crypto: Wrapping Up the Month

Congress continues to marque advancement connected crypto issues but things are moving slowly.