On December 8th, Binance, the world's largest crypto exchange, announced that it has reached an important milestone, becoming the first crypto trading platform to obtain a full set of licenses from the FSRA, within the Abu Dhabi Global Market. The Financial Services Regulatory Authority (FSRA) is the independent financial regulator for ADGM, an international hub in the United Arab Emirates, responsible for licensing, supervising and ensuring high standards for financial firms under its jurisdiction. The FSRA operates under English common law and focuses on: Innovation Market stability Investor protection
Binance Transition to ADGM
In its official announcement, the crypto exchange highlighted that in accordance with FSRA requirements under the ADGM, the platform's operations will transition to a new regulatory structure designed to strengthen: Clarity Oversight Risk Management Binance addressed the following key points following this recent achievement:
The new ADGM regulatory structure
Starting January 5, 2026 at 08:00 (UTC), exchange services will be provided through three ADGM licensed entities (Nest Exchange Services Limited, Nest Clearing and Custody Limited, Nest Trading Limited). Each entity will act as a data controller for the service it provides. The structure mirrors the regulatory architecture used in traditional finance, and every part of the exchange's operations will operate under precise and specially designed regulatory permissions.
Changes to Binance Service Providers
To facilitate the transition, the rights and obligations under the existing Binance User Terms and Conditions will be transferred to the relevant ADGM entities, which means that the contractual relationship will continue with these entities.
Compensation and Custody Agreements
Starting January 5, 2026, users' open positions for derivative transactions carried out on the exchange will be cleared through Nest Clearing and Custody Limited, the central counterparty and custodian of users' digital assets.
How the changes affect Binance users
The crypto exchange explained that these changes will not affect how users interact with Binance, and the day-to-day use of the platform will remain largely unchanged: User funds will remain SAFU. The user's UID, login details and account setup remain the same. Fees and product access will not change. No new fees will have to be paid by users. Binance has updated the Terms and Conditions of Use on its official website.
A major milestone for Binance and the crypto industry
This landmark moment marked by the exchange reflects: A major turning point for the crypto industry. A significant step forward for the global adoption of cryptocurrencies. One step closer to reaching one billion users. SIGN UP FOR BINANCE CZ, the founder of Binance, also emphasized the importance of this event. The big news comes on the heels of Binance Blockchain Week, a two-day event held last week in Dubai, bringing together builders, speakers and innovators from the industry and beyond. Recently, the crypto exchange crossed the threshold of 300 million registered users on the platform. Also last week, Yi He became the co-CEO of Binance. Join our 33,000+ subscribers. No spam, just useful info.