EGW-NewsBinance Expands Global Influence: First Crypto Exchange with Full Set of Global Licenses from ADGM
Binance Expands Global Influence: First Crypto Exchange with Full Set of Global Licenses from ADGM
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Binance Expands Global Influence: First Crypto Exchange with Full Set of Global Licenses from ADGM

Cryptocurrency exchange Binance has achieved a historic breakthrough, becoming the first platform to receive a full set of global licenses from the Abu Dhabi Global Market (ADGM) financial regulator. This marks a significant step in strengthening Binance's global presence and boosting institutional investors' confidence in the crypto industry.

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According to the official announcement from Binance founder Changpeng Zhao (CZ) on Twitter, the exchange has received three key licenses: for exchange operations, clearing activities, and broker-dealer services. This is the first crypto exchange to be granted all permits under ADGM's global regulatory framework, confirming Binance's compliance with strict international standards in compliance, governance, risk management, and consumer protection.

ADGM, as a member of the International Organization of Securities Commissions (IOSCO), grants Binance a "passport" reputation on a global scale, enabling seamless access to markets in Europe, Asia, the Middle East, and beyond. Licenses from the FSRA (ADGM's Financial Services Regulatory Authority) not only solidify Binance's status as a top regulated player but also open doors for partnerships with banks, payment systems, and institutional investors who prioritize regulatory compliance.

According to Binance data, this license covers global operations and full business scope, making the platform appealing for institutional adoption of digital assets. Analysts note that this move could serve as a blueprint for future crypto industry regulation, fostering widespread cryptocurrency adoption.

Amid rapid user growth at Binance (currently around 300 million, with potential to surpass the US population by 2026-2027), this news highlights the exchange's ambitions to lead in the regulated crypto space. Institutions seeking reliable partners now have another compelling reason to choose Binance.

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This development arrives as the crypto industry faces intensifying regulatory pressure worldwide, and Binance's success may inspire other exchanges to follow suit.

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