Binance Gains ADGM Approval to Operate Fully Regulated Exchange Framework

Binance has secured a major regulatory milestone after receiving authorization from Abu Dhabi Global Market (ADGM) to operate across a fully regulated exchange, clearing, and brokerage framework. This approval marks a significant step in Binance’s global compliance strategy and strengthens its presence in the UAE’s rapidly growing digital asset ecosystem.

Under the new regulatory structure, Binance will operate in Abu Dhabi through three locally incorporated entities under the “Nest” brand, a framework designed to mirror the traditional market stack seen in legacy financial exchanges. ADGM’s Financial Services Regulatory Authority will supervise each of these components individually to ensure transparency, operational integrity, and investor protection.

Nest Exchange has been approved as a Recognized Investment Exchange, enabling it to offer regulated spot and derivatives trading services. Nest Clearing and Custody will function as a Recognized Clearing House with permissions covering clearing, settlement, custody, and central securities depository (CSD) activities—providing enhanced oversight of asset safeguarding. Meanwhile, Nest Trading has been licensed as a broker-dealer, responsible for off-exchange and OTC transactions. Though branded separately, all three Nest entities remain under Binance’s control and will serve as the regulated infrastructure supporting Binance.com’s operations in Abu Dhabi.

Binance co-CEO Richard Teng emphasized that the approval reinforces the company’s dedication to compliance, transparency, and robust user protection. ADGM chairman Ahmed Jasim Al Zaabi highlighted Binance’s licensing as further proof of Abu Dhabi’s emergence as a leading global hub for financial innovation and sustainable economic growth.

Speculation has circulated about whether this development signals Binance’s intention to relocate its global headquarters to Abu Dhabi. While the company has been exploring long-term jurisdictional options, no official confirmation has been provided.

This milestone strengthens Binance’s regulatory footprint and positions Abu Dhabi as a key player in the future of digital finance.