Binance becomes the first crypto exchange fully licensed by ADGM in Abu Dhabi
Binance has secured a complete set of licenses from the Abu Dhabi Global Market (ADGM) regulator, making it the first crypto exchange to gain this status. According to media reports, the company is now preparing to relocate its headquarters to Abu Dhabi. This marks a significant milestone for the crypto industry in the region.
Source Binance
Obtaining a full ADGM license enables Binance to expand its services and client base under stringent regulatory oversight. The planned headquarters move highlights the company’s strategic aim to strengthen its presence in the Middle East.
This development may set a precedent for other crypto exchanges seeking to operate transparently and legally, while boosting trust in digital assets across the region.
