Binance has further extended the lead over its competitors in the industry after it became the first crypto exchange to receive its first set of regulatory approvals. The exchange has its first regulatory approvals in the form of three Abu Dhabi Global Market (ADGM) Financial Services Regulatory Authority (FSRA) licenses. Given the scale of approvals, it would seem the exchange is even now ready to operate in accordance with the most stringent rules and regulations applicable in the industry.
<h2>FSRA’s</h2>
[embed]https://twitter.com/cz_binance/status/1997933162333401224[/embed]
<h2>Vertically Integrated License</h2>
The license by FSRA has been awarded to three separate entities, Nest Services Limited, Nest Clearing and Custody Limited, and BCI Limited, permitting <a href="https://www.cryptoknowmics.com/news/binance-ceo-warns-whatsapp-users-of-rising-phishing-threats/">Binance</a> the freedom to operate under what is arguably the most industry wide balanced Flexible Regulatory Sandbox.

The exchange’s license is a proof that the company has, or is in the process of establishing, a sound governance, risk and consumer protection framework, or at a minimum, has some degree of governance, risk, and consumer protection in place. As Richard Teng, the CEO of Binance has stated, the approval of licenses by regulators is an indication of trust in the company, something that has been demonstrated by users of the platform.
<h2>Enhancing Expansion and User Confidence in Binance</h2>
Abu Dhabi Global Market (ADGM) has built a reputation in both the traditional and digital financial sectors and with the FSRA licenses obtained, Binance can now access the markets and execute its expansion plans and active transport in multiple.

Binance achieved its milestone with over 300 million users and has built a reputation as the most compliant and industry-leading exchange. The Company is now fully compliant and has built the reputation for being the most compliant exchange. The Company is now fully compliant and has built the reputation for being the most compliant exchange. This exchange will build the most compliant and will build the most compliant and will build the most compliant and will build the most compliant.

Binance Has Secured All Possible Licenses from Abu Dhabi’s ADGM FSRA

Binance achieves a historic milestone by becoming the first crypto exchange to secure a full suite of three global licenses from the ADGM Financial Services Regulatory Authority.

Binance Has Secured All Possible Licenses from Abu Dhabi’s ADGM FSRA

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