Binance has won three separate licenses from Abu Dhabi’s financial regulator, giving the crypto exchange giant one of its most comprehensive regulatory footholds yet.
The approvals, issued during Abu Dhabi Finance Week, cover Binance’s regulated exchange, clearing infrastructure and broker-dealer arm. Together, they permit the firm to run a trading venue, handle custody and settlement and offer off-exchange services from Abu Dhabi.
Binance has close ties to Abu Dhabi after the crypto exchange landed a $2 billion investment in
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