Binance receives in-principle approval to operate in Abu Dhabi
Binance, the world’s largest cryptocurrency exchange by trading volume, has received in-principle approval to operate in Abu Dhabi, marking the third regulatory approval in the Middle East region after Bahrain and Dubai.
Rule approval from Abu Dhabi Global Markets (ADGM) allows Binance to act as a broker-dealer for digital assets including cryptocurrencies – marking another major milestone for the crypto exchange, is expected to operate as a fully licensed company.
