Binance’s Regulatory Achievement: A New Era for Crypto?
Binance has done something pretty notable. They’ve managed to get a full suite of licenses from the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM). This means they can operate under a comprehensive regulatory framework, something that hasn’t really happened in the crypto world before. It’s the first time a digital asset platform has been given such a range of licenses. This lets them run their global platform through three different regulated entities, which handle everything from exchanges to clearing and custody services.
This approval is a huge deal. It’s a step up in how Binance operates and gives a bit of a roadmap for decentralized organizations and fintech startups who are struggling to…
