<a href="https://www.cryptoknowmics.com/news/cristiano-ronaldo-announces-first-nft-collection-with-binance">Binance</a> has obtained <a href="https://www.adgm.com/media/announcements/binance-secures-financial-services-permission-from-adgms-fsra" target="_blank" rel="nofollow noopener">approval</a> from <a href="https://www.cryptoknowmics.com/news/middle-east-asia-and-africa-blockchain-association-established-in-abu-dhabi">Abu Dhabi</a> officials, Financial Services Permission (FSP) to function as a <a href="https://www.cryptoknowmics.com/news/cryptocurrency-regulations-in-asia-a-run-through-of-the-basics">cryptocurrency</a> custodian for corporate investors.

https://twitter.com/cz_binance/status/1592820364094345221
<h2>Abu Dhabi Global Market - Financial Hub of UAE</h2>
The Financial Services Regulatory Authority (FSRA) of the capital of <a href="https://www.cryptoknowmics.com/news/multiverse-labs-launches-government-backed-metaverse-city-in-uae">UAE</a> approved the cryptocurrency exchange for regulation. The Abu Dhabi Global Market, which serves as the financial hub of the country's capital, the United Arab Emirates, includes this organization.

Binance has already been given preliminary authorization by the capital of the UAE government to function as a cryptocurrency broker-dealer. The regulatory approval from Wednesday increases the company's reach throughout the Persian Gulf, including the UAE. The UAE's commercial metropolis, <a href="https://www.cryptoknowmics.com/news/blockchain-com-receives-regulatory-approval-from-the-authorities-in-dubai">Dubai</a>, has given the exchange significant licensing permission.
<h2>Binance AD Supervises Binance Activites</h2>
A company named Binance AD oversees Binance's activities in the Persian Gulf and the United Arab Emirates. The license clearance was referred to as a crucial milestone for Binance AD's expansion in the capital of UAE by Dominic Longman, senior executive officer of the firm. Longman also applauded the city's proactive approach to cryptocurrencies and digital assets.

Binance Gets Institutional Crypto Custody License in Abu Dhabi

Binance has obtained approval from Abu Dhabi officials, Financial Services Permission to function as a cryptocurrency custodian for corporate investors.

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Binance Gets Institutional Crypto Custody License in Abu Dhabi

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