Binance Gets License From Abu Dhabi - Coinleaks
Current Date:September 21, 2024

Binance Gets License From Abu Dhabi

Cryptocurrency exchange Binance, Abu Dhabiobtained the necessary license to provide crypto custody services to customers in .

Countries have started to show great interest in the developing and growing crypto industry. In the crypto market, which has a volume of billions of dollars, it is aimed to make the necessary regulations. Cryptocurrency exchanges, in particular, are expanding their services by obtaining licenses from various countries. One of these exchanges Binance continues its global expansion efforts at full speed. Finally, the stock market Abu DhabiReceived the required cryptocurrency storage license from .

Binance in Abu Dhabi

In the past months Binance , had received the necessary approvals from Abu Dhabi Global Market. Finally, the stock market Abu DhabiIt also obtained the crypto currency custody license from .

Binance, in Abu Dhabi Global Market ( ADGM) from the Financial Services Regulatory Authority ( FSRA ) was approved. This approval is a Financial Services Permit ( FSP) was specified.

ADGMhead Ahmed Jasim Al Zaabi, “We look forward to supporting Binance’s operations and R&D at ADGM to develop solutions for the Web3.0 economy”said.

Popular cryptocurrency exchange FSRAAs long as it complies with the terms and conditions, it will provide crypto money custody services.